Replies to post #10997 on Nikola Corporation (NKLA)

[chocolate man]

I thimk they want to drop the price below 0.50 to get a 1-30 split!

[Donotunderstand]

Share price rounded ------ 50 cents

so for every 20 shares of stock - I get one share of NEW NKLA (post RS)

20 shares of stock today at about .50 cents each is $10 - just the math

are you suggesting that post R/S the stock goes up 20%-40%

most others expect a haircut of say 10-20 percent post R/S

That would mean for 20 for 1 R/S $8-$9