InvestorsHub Logo
Followers 75
Posts 28863
Boards Moderated 2
Alias Born 12/30/2004

Re: littlejohn post# 14354

Monday, 04/15/2024 11:35:41 AM

Monday, April 15, 2024 11:35:41 AM

Post# of 14467
GRRR: reverse split today
How did we miss it? No chance of getting a nice profit from this investment. U own 3K shares and it goes up a couple of dollars, U have a nice profit. You own 300 shares and it goes up
a couple of dollars what do U have. Chump change, relatively speaking.
On a scale of 1 to 10, my interest in this company has dropped from about 8 to 1. Invariably, the price of the penny stocks of companies that do this drifts down after a reverse split. At least that is my observation.
If people were not interested at 80 cents, are they going to be interest at $5+. I think not.
We'll sell how many funds pick up shares. Hope I am wrong, but I don't think so. Experientia docet.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.