InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,460.48
(
-0.41%
)
US TECH 100
19,181.60
(
-0.43%
)
Dow Jones
39,118.86
(
-0.12%
)
Brent Oil
84.85
(
0.00%
)
Bitcoin
60,813.10
(
-0.13%
)
Post# of 19490
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

db7

Send PM Follow Ignore
Followers 221
Posts 39739
Boards Moderated 0
Alias Born 09/02/2003

db7

Member Level

Re: FillTheGap post# 14874

Thursday, 07/12/2007 3:12:41 PM

Thursday, July 12, 2007 3:12:41 PM

Post# of 19490
sometimes companies try and be nice to their smaller shareholders


they're saying anyone owning less that 10,000 shares at the time the 100-1 reverse split takes place.. will get 100 post reverse split shares... so you buy 1 share at .51 and after the reverse split you'll have 100 shares and the price will have adjusted for the split

basically... turn .51 into $510 lol

it has worked for me on pavc and recently mcii.. but others do it all the time and have been doing it for awhile now

-------------------------------------------------------------------

All posts are strictly my opinion and are not buy or sell recommendations.

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

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.

Sign Up