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Biotechtrader07

02/21/19 3:15 PM

#93275 RE: ignatiusrielly35 #93273

Once again its not my theory, It is obviously harder to average down when your shares are split. Consider that the RS happens at 10:1. That means for every 10 shares you had it becomes 1. After RS you would have to buy shares that cost 10X the value you paid for them initially. The overall number of shares you own reduces 10 fold. I am hoping to have my shares valued as close as the current price, that way after RS I have some chance of breaking even if it goes up.