Reverse Split Round Up Share Plays

[redrabbit]

It closed friday at .0009 after dropping like a rock. Monday it will probably continue to fall.

Best case scenario:

Buy 100 shares at .0009 for a fraction of a penny (+ transaction fee), sell after 1/600 r/s at a pps of .54 (assuming it does not go lower then .0009 and you get your shares back to dump before the .54 pps plummits) for $54.00 (- transaction fee)

Result: $54.00 - (2 x transaction fee) = roughly $34.00

(if you bought only one share you lose roughly $19.46)

Most likely scenario:

You buy 100 shares at .0002 monday for $.02, cause it continues to fall. After the r/s the pps is $1.20, you don't get your shares back to sell until after it has fallen to $1.00, you lose roughly $19.00 on transaction fees.

I'll pass....