The Golden Lounge

[CPTMatt]

Ameritrade is now telling me that since I sold some shares on Monday that I may end up with a short position if the company decides to reverse the forward split.

I had no idea that a company can reverse something that has already happened, sounds like bull shit. IMO only the regulatory agencies should be able to do that. Ameritrade said basically that the company has complete control over what happens and that they can tell the brokerages to only reverse the split or to reverse the split and also correct the sales of the post-split shares that happened afterwards