Replies to post #191 on Metro One Telecommunications Inc (WOWID)

[ottoman]

WOWID closed at .13 on September 27, the day before the 1-75 reverse split. That puts the "theoretical" post-split price per share at $9.75. These pinksheet penny stocks never trade near the theoretical split-adjusted price after a reverse split, but jeez. From $9.75 to $0.61?

Gotta believe there would be SOME reversion back up.