News Focus
News Focus
Followers 34
Posts 1982
Boards Moderated 0
Alias Born 01/25/2010

Re: Cassandra post# 20003

Monday, 02/21/2011 3:01:52 PM

Monday, February 21, 2011 3:01:52 PM

Post# of 20469
I don't think day traders drove this down to where it is today.

Keep an eye on the stock the morning(day) it does a R/S split. There may be a chance to get out with minimized losses or even some gains, but make sure you do your DD with your broker before the R/S (starting tomorrow). You should know the risks of trading as your broker may not have the "new" shares available for you to trade that day. You can actually lose more money after you make your trade. Even with an online broker, you may have to call in to them in order to execute a trade. You may be charged $20 for a standard Reorg Fee too after the R/S.

GLTA

My posts are solely my opinion unless presented with (or directed to) factual information. All investors are strongly encouraged by myself to do their own due diligence before making an investment.

Where Real Traders Talk Markets

Join thousands of traders sharing insights, catalysts, and charts.

Join Today