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THREE-DAY-TRADER

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THREE-DAY-TRADER

Re: joyceschoice post# 471

Monday, 12/04/2023 3:31:15 PM

Monday, December 04, 2023 3:31:15 PM

Post# of 490
No Negative Affect by Rev Split Today (1:20). No change in day to day price. Same $LABU chart. Just recapitalized.
As I stated before, It only trades based on biotech owned leveraged components. Index based funds such as this are not negatively impacted by psychological impact of a reverse split capitalization because these funds are different than ordinary stocks & penny stocks.
https://stockcharts.com/c-sc/sc?s=LABU&p=D&yr=0&mn=5&dy=15&i=p73242779150&r=1693184195250
Compare % movement to the XBI fund today on an intra-day & daily chart basis.
The same money invested into $LABU unaffected after the reverse split capitalization. Only the share price and # shares changed.
As stated previously October 20, 2023:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173066279

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  • 1D
  • 1M
  • 3M
  • 6M
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