Replies to post #23 on Reverse Splits with special treatment

[Sideem]

It sounds interesting. So the concept is whenever a company R/S's, when they say the minimum lot of shares is rounded up to 100 or 500 shares, you basically buy 1 share and when the R/S happens, you get 100 or 500? Then you immediately sell for a profit before the price goes back to previous price before R/S.

So if share price is currently .01, you buy the one share. The lot is 500 shares. If they do a 20/1 R/S, the price jumps up to .20 and then you have an easy $100 and you only spent a penny + commissions.

Sorry if I'm stating the obvious.

It sounds interesting.