InvestorsHub Logo
Followers 1007
Posts 50359
Boards Moderated 1
Alias Born 06/16/2006

Re: jbone13 post# 597

Wednesday, 11/25/2009 2:01:12 PM

Wednesday, November 25, 2009 2:01:12 PM

Post# of 984
Jason the value has to be between one and two dollars on the shares at the uplist. In the past on most uplists they go anywhere from 100to 500% up from there. Basically an r/m to uplist is much like an IPO and then when they uplist the institutional buyers come in. Also before the uplist the comppany has to protect the value of the institutional buyers in before the uplist. So it would not be in anyones favor for the stock to do nothing but increase form the large investors or the companies stand point.
Here is a little math for you. The company does a twenty to one reverse. The price is at .10 on the reverse day. it starts out at 2.00 dollars based on the reverse level. The institution starts buying there and it goes up 50% as a low and that equals thrree dollars.
That leaves your shares at the 1/20 reverse price at .15 for the presplit price.
You tell me if that is a good buy. at 1005 that is .20 presplit.
Companies do not do uplisting with out long range oprice increase ready to go. Why wpould they want to sell fpor less on the uplist.
That guy posted that to scare shares out now so he can proffit. why else would he be here???????????
Join InvestorsHub

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.