InvestorsHub Logo
Followers 48
Posts 10164
Boards Moderated 0
Alias Born 02/21/2013

Re: TheShadow post# 5919

Friday, 05/20/2022 8:53:11 AM

Friday, May 20, 2022 8:53:11 AM

Post# of 6252
The short answer is all $HIVE shareholders have 80% less shares in the company this morning than they did yesterday afternoon.
That's an 80% haircut.

It's true the value of the new share count is equal to the value of the old share count.
UNTIL
09:30.01 or sooner, let's say between 09:30:00 and 09:30:01 when the ticker begins trading in a new cycle. Once the pps reaches $1 - again - the $ 80% haircut will arrive. Under current conditions, it's inevitable. Until the $1 haircut everyday will be a little trim, a little here, a little there. Don't think for one second that this fraud 1:5 R/S will reverse the downward trend that started in Nov. 2021.
Lower Highs and LOW, LOW, LOOOOOOOOOOOOOOOOOWER LOWS!!!!! Will Continue.

Who in there right mind will say HOLY SNYKIES, $HIVE is at $4.516, BUY; BUY BUY!!!!

Wait until $1 then I might buy back in. That would be $0.20 pre 1:5 R/S

Meanwhile Preferred Shareholders got an 80% bonus overnight. Isn't that special.

Hero Worship Inhibits Free Thinking -- Don't Drink The Kool-Aid
. . . . . . . . and of course Reverse Splits SUCK!!!!!

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y