Followers | 94 |
Posts | 14472 |
Boards Moderated | 1 |
Alias Born | 12/12/2009 |
Thursday, January 07, 2010 5:15:47 PM
Your 130M shares for example will now be 130,000 at 10 cents and worth 13k,same as before. Sure..at that price first thing in the morning after the UNANNOUNCED reverse split.
Next thing you know the price is down to 4 or 5 cents and ONE cent within a couple of days when a massive sell off happens. Give it a few more days or a week and it will again be at 0.0001. All those tens of thousands of $$ spent to buy 130 million shares will now bring you $1.30.
Sound ridiculous? This has happened over and over and over for those who do their DD on this guy.
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