We have a company stock which is 90 shares ($3.00ea)
Shares reverse spit 1 to 3, and we now have 90 shares $9.00 each??
Now, Because it is a reverse spit the shareholders get spooked and there is a sell off and the price drops like a rock to $3.00(not a nice feeling i'm sure
isn't that a 300% loss?
et al lol
BTW I lost myself 3 times trying to actually say what I was thinking, and it is probably still wrong! Not worth it unless your in lock down. haha