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Re: jd19 post# 6500

Thursday, 03/22/2012 6:58:44 PM

Thursday, March 22, 2012 6:58:44 PM

Post# of 6903
The board already added the D, but I don't see the change on Scottrade yet...of course they are slow about all changes. They were about a week behind the others changing the symbol and price on my silver mine for the split, and I don't think we could even trade the stock during that time. Of course they were waiting for the physical shares to transfer from Canada.

When it changes officially, each 100 shares at .048 will become 10 shares at .48 -- or 10 times whatever the price was.

Good luck bailing out, they sometimes spike before they start tanking. I had one reverse split that went (IIRC) from 1.05 to 1.85 before it started falling. I still have it and it's at .0016 now.
Last gasp for air...death spiral. R/S is just to buy a little more time.

Dee

"It's not your thinking that makes you money, it's your sitting." - Jesse Livermore

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