Replies to post #162 on Catalyst Biosciences Inc (CBIO)

[Maker13]

Reply:

Seanelliott,

Well....that worked out for you and all other investors in that stock it looks like. Congrats.

Yeah, I could say just wait it out and see what happens with my shares(from the R/Ss). But, something tells me it's not going to happen. But I know, that's speculative opinion, if anything.



seanelliott Saturday, 02/04/17 11:33:45 PM
Re: Maker13 post# 161
Post #
162
of 162 Go

I bought at .28 a few months ago. The RS took place Jan. 11 and the stock price on that day was .255.

The split was 1 for 32, so the adjusted price was 8.16 right after the split. Yes, I had much fewer shares but same value day of the split.

Now, NTRP is $14.25.

Hope that answers your question. Sorry can't help with the options questions.


Reply:

Seanelliott,

Did your buy-in stock share price...depreciate...from the share price before the R/S....or did your buy-in shares appreciate before the R/S?


By the way, if you know....what happens on the options side if you have (depreciated from buy-in) shares....before a R/S?



seanelliott Friday, 02/03/17 08:30:04 PM
Re: Maker13 post# 159
Post #
160
of 160 Go

Reverse splits are not always bad. Case in point: NTRP, (NTRPD since the split). You just need to sit tight for a month through the process. My NTRP has almost doubled since the RS. Just need a good stock with a catalyst or two.

Good luck.




Maker13 Thursday, 02/02/17 11:44:51 PM
Re: None
Post #
157
of 161 Go


Starting off...I purchased CBIO stock shares months ago.

Here we go.

Shareholders about to get F***** over from an up and coming R/S. Between a 1/5 and 1/15 Reverse Split.


CTIC and DRYS did this to us shareholders beginning of 2017.

AND NOW CBIO IS GOING TO.

The main reason: So they can all remain on the NASDAQ's minimum held share price rule.

People,....R/S decrease your amount of shares and elevate your purchased share price much higher.

If the current share price has dropped well below your purchased price....before this up and coming R/S........your F*****.


Example:

(This is straight from my CTIC shares after the 1/10 Reverse Split...at the beginning of 2017)

I purchased 22926 shares at $2.05...years ago.

The price (before the R/S)....was $0.41

After the R/S....my shares decreased to 2292....at....(recalculated purchased price)...$20.50....!!!!!

The share price last today(2/2/2017) was....$4.63


That means:........To even get back my money that I purchased at $2.05 from years ago....the share price has to go up to $20.50....(instead of my original buy price at $2.05)....!!!!

Do you know how long that could take...if it ever goes to that amount???

Years...or FOREVER!!!!


Back to CBIO,...a 1/5 R/S is harsh...but a 1/15 R/S.....is BRUTAL.

Shareholders with stock shares that depreciated from there purchase price are going to have a rage out moment.....if the depreciation is severe.


http://ih.advfn.com/p.php?pid=nmona&article=73762420&symbol=N%5ECBIO