InvestorsHub Logo

griff100

01/08/15 1:24 PM

#74397 RE: blue ozean #74395

it's never good for a .0001 stock and if anyone tries to convince you it's good, they have ulterior motives. They'll pull out some far away, long ago example to prove it COULD be good.

Basically a company changes the price of their stock by exchanging for example 1000 shares to 100 shares retaining the same value. Therefore each of your 100 shares are now worth 10x what they were, and the total value is unchanged.

In this case, since DKAM at at .0001/.0002 and can go no lower, it raises the share price so that the company can continues selling share because it has roon to go down again.

And really, if you don't already know this stuff you shouldn't be trying to trade these otc pink sheets stocks.