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Re: None

Wednesday, 12/21/2022 10:33:23 AM

Wednesday, December 21, 2022 10:33:23 AM

Post# of 60749
No choice but a R/S IMO and she would probably want it in the trips. a R/S is the only thing that makes sense now. Too many shares in the O/S.
Here is a story for you as an example. Last Thursday I bought COSM at around .32.....in the after hours the same day they announced they were doing a 1 for 25 R/S and it would be effective the next morning. The stock dropped to around .19 and settled at around .22. I held and did not sell. My break even was around 8.00 per share post split. The stock shot up to around 24.00 during trading hours but TD Ameritrade would not let me sell because they had not rec'd the shares. In the after hours COSM sold off to around 7.00. Monday my shares were in there and I sold out at 11.00 per share. After I sold they came out with a release that they were going to sell over 32 million at market and the stock price is selling close to 8.00 today.