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surfkast

02/23/15 8:46 PM

#1400 RE: amadeus #1399

It is almost comical. I agree, it does not make any sense.
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rich pearl

02/23/15 9:02 PM

#1405 RE: amadeus #1399

could find out soon enough if that's too small an O/S. i was once in a 1000:1 r/s in a stock of 90M shares. they'd done a 10:1 split 9 months previous to that to bring it that low and i never expected another one that soon. that split caught me by surprise but i made a profit on it when it went to $5.00. difference was in the original price. i was in at .0015. and they were in a hot sector of the market at a time when the market wasn't bad.

fwiw, reverse splits usually come in reverse mergers, so even though W/B have no history of them, maybe this was to be suspected. thing that bothers me is the size of it.

talked to quite a few people today. no way the r/s has already been executed. at least, not yet