iHUB MVPs

[stockseekerok]

Ok here is the deal. If you hold shares of DNYS through the Record Date or date of the forward split then your 1 share becomes 3. Lets say you have 1000 shares at .60 = 600.00 . Now once the split happens the price will reduce by the same ratio of 3 to 1 meaning you will now have 3000 shares at .20 = 600.00.

So you see the split doesnt change your initial value , what it will do will be to make the shares at an attractive price again of .20 and still have a float of roughly 2.2 Million shares which is still very low.

Then your 3000 shares once again has the potential to rise to .60 again on that share structure = 1800.00

What it is their share structure is so low the Company can not trade very liquid in the market which makes the price very volatile , this low float could easily hit 2.00 before the split date I just used the numbers above for ease of computation