InvestorsHub Logo
Followers 15
Posts 1357
Boards Moderated 0
Alias Born 10/20/2010

Re: scmoney post# 15210

Monday, 05/13/2013 12:46:09 PM

Monday, May 13, 2013 12:46:09 PM

Post# of 17663
They must have done a 5:1 reverse split in that other case. That brought your 1000,000 shares down to 200,000 and your .0001 up to .0005. That other company obviously didn't have eneough of their own shares to sell at a high eneough price to send that thing soaring. That's why it dropped back to .0001.

In this case, there's alot more shares to be traded at a much higher price. We may just see a run after everything settles. I know many can't see it yet but time will tell.

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.