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overachiever

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overachiever

Re: MCKINLEY MORGANFIELD post# 567

Thursday, 05/29/2008 9:22:15 AM

Thursday, May 29, 2008 9:22:15 AM

Post# of 2594
No. The value of the stock doesn't change at all after a reverse split just like it doesn't change after a forward split. The only thing that changes the market value of the stock is people buying and selling. When a reverse split occurs, the price is adjusted accordingly. If this stock is at 30, cents the day before the 1 for 2 reverse, it will be at 60 cents the next day.

ok,by your logic if i invest $10,000 today and after the r/s it's worth $5,000

We are apt to shut our eyes against a painful truth... For my part, I am willing to know the whole truth; to know the worst; and to provide for it. --Patrick Henry, Patriot and Hero of the American Revolution

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