A bit DUMB. Reverse splits do not ADD value my friend. Or regular splits. NOTHING changes with any kind of SPLIT, but the shares owned and the price but the VALUE ALWAYS REMAINS THE SAME. You should KNOW that. I GAINED $11,000 with NOTHING to do with a reverse split, but because the VALUE went up. Why don't you just google splits? HERE I did it for YOU: "A stock split is used primarily by companies that have seen their share prices increase substantially and although the number of outstanding shares increases and price per share decreases, the market capitalization (and the value of the company) does not change." THE PRICE CHANGES with any kind of SPLIT but NEVER the VALUE. READ this and EDUCATE yourself and LEARN. https://www.investopedia.com/ask/answers/what-stock-split-why-do-stocks-split/ How old are you? I am not trying to be MEAN. I didn't call YOU DUMB, I only meant that your comment was DUMB. So TRY to LEARN and then comment with something SMARTER. PLEASE And GOOD luck. :-)
REVERSE split = Less shares at higher price. VALUE = the SAME. Normal split = more shares at lower price. VALUE = the SAME. Spits are done just to bring more buyers to the table in the opinion of the company. Example say APPLE is $300 a share and you have 100 shares. VALUE is $30,000 So in 2:1 split the price goes to $150 but now you have 200 shares. VALUE is the SAME $30,000. GET it?????? In AMZA case: reverse split is to raise the price but reduce the shares. VALUE = the SAME :-) https://en.wikipedia.org/wiki/Reverse_stock_split
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