InvestorsHub Logo

Dennisb68

11/24/18 8:50 PM

#48532 RE: thestreetlawyer #48530

Have you been involved in any stocks while they were going through an RS? I have and I believe in each cast the stock took a dip after the RS. One was .0001 before an 500:1 RS, post split it opened at .05 and dropped right back to .0001 again. The problem is the second time it went to .0001 the shareholders had 99% fewer shares.

Dennisb68

11/24/18 9:11 PM

#48533 RE: thestreetlawyer #48530

Thatd be one hell of a dilution machine to go from .01 to .0004 though after all the losses already.

It wouldn't be the first time it's happened with these sub penny stocks.