Thursday, August 27, 2009 11:16:01 PM
after the split (10 to or 11 to 1?)you will have 10 times the shares at 1/10 the pre-split price. there is really no change in value at all just more shares to trade, which is what the company is trying to accomplish.
the question is where does the value go after the split and how soon do you get the shares into your account. look for a delay if you are using ameritrade or etrade. may be up to a week. not great news.
you need to get educated fast on penny stocks, splits, PRs, short squeezes and many other things if you hope to make money in pink stocks.
make sure you have 10 times the shares in your account before you trade any of this stock at all assuming you hold through the split.. call your broker and make very sure
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