InvestorsHub Logo
Followers 240
Posts 6999
Boards Moderated 0
Alias Born 01/21/2017

Re: TheFinalCD post# 178222

Tuesday, 10/13/2020 10:02:09 PM

Tuesday, October 13, 2020 10:02:09 PM

Post# of 186031
If you think you are stuck now, wait until the RS. At that point, the brokerages will block YOU from trading for 3 days while they recall all shares and reissue them with the 'd'. Meanwhile, 'shareholders of record' have no such restrictions, and will sell, sell, sell. By the time you can trade again, the effect of the RS is that you will lose money because the price will depress, as it always does after an RS.
The ONLY way to protect yourself from this is to sell first, save your proceeds, and choose when to jump back in. You can actually make money on an RS that way.
I've been through several, and it always ends the same way. One time, I held half and sold the rest ahead of time. The shares I held became losers. An RS always results in shareholder losses. Don't believe me? Just hold through THIS RS and watch.
I'm going to sell over 20M shares and keep only 50K, which will become only 100 shares, simply to verify what I already know, and have been through several times over the years. An RS is NOT good for shareholders, no matter how much garlic butter they put on it.