InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,615.35
(
0.55%
)
US TECH 100
19,803.20
(
0.64%
)
Dow Jones
40,000.90
(
0.62%
)
Brent Oil
84.57
(
0.00%
)
Bitcoin
57,878.54
(
-0.02%
)
Post# of 6405
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Dr PennyStock

Send PM Follow Ignore
Followers 2229
Posts 20757
Boards Moderated 0
Alias Born 04/13/2006

Dr PennyStock

Re: linwood42 post# 5299

Tuesday, 11/08/2011 11:27:39 AM

Tuesday, November 08, 2011 11:27:39 AM

Post# of 6405
The price on Friday was .01, so 100,000 shares x .01 = $1,000, you have now 20 times less shares, so you have 5,000 shares, but, the price increased 20 times, .01 x 20 = .20, so 5,000 shares x .20 = $1,000, you have the same value.

Cheers
Dr Pennystock

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

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.

Sign Up