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TommyLingo313

12/15/19 7:10 PM

#53106 RE: sexysamir #53102

I see the steps, and the people they are surrounding themselves with now
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AJH92

12/15/19 8:01 PM

#53109 RE: sexysamir #53102

Exactly - top traders with the skill to trade through a reverse split did very well.

Prior to the reverse split - which traders who keep on top of developments got a whole trading day's notice of - there had previously been a log jam from 1-tick flippers at .0008 and above (from .0007).

Many amateur traders without the requisite skill to trade through a reverse split sell as a matter of routine - allowing those who know how to trade through a r/s to buy shares much more cheaply than had been available for weeks (.0002).

The r/s allowed very profitable trading to continue throughout 2019 - for multiple $5-figure sums already - whilst maintaining an inventory of shares for an eventual move up to the $1 > $2 range where the relatively few shares still held have an individual tax lot cost basis