InvestorsHub Logo

M8Seven

02/01/21 7:11 AM

#5656 RE: lone-wolf #5643

My greater point is that allowing 10,000 shares of the stock to organically raise to $8.00 each equals $80,000, and deflating the stock to 1,250 shares @ $8.00 each equals $10,000. You've already lost $70,000 because the stock's rise was not real, but a procedural trick; where at the end of the day, you no longer have 10,000 shares, you only have 1,250; and every up and down movement of the share price reflects that 1,250 shares, not the 10,000 shares that you originally purchased. A R/S is never good for the shareholder. True, it does get the company what it needs, but it does it at the expense and lack of concern for the shareholder.