Support: 888-992-3836
Copyright © 2023 InvestorsHub Inc.
Replies to post #96754 on Bowmo Inc (BOMO)
ANTI-BAGHOLDER
11/30/22 11:41 AM
#96755 RE: winnaar123 #96754
Homebrew
12/02/22 7:20 AM
#96831 RE: winnaar123 #96754
Upon the announcement of the reverse split, a group of short sellers incited panic by posting falsehoods on Twitter that pushed the BOMO stock price down. There is no reason to panic. The reverse stock split does not change the value of your stock portfolio. Example: If you own 100 shares at $1, the value of your portfolio is $100; if, after the reverse stock split, you own 10 shares at $10, then the value of your portfolio is still $100—unless you began panicking while selling off your shares, which, in turn, will trigger the stock price to go down!