Replies to post #46158 on The Jailhouse (JAIL)

[hasher]

Mr. Derf's math is indisputable, in this case...lol sadly so.

Yesterday I had 1 million shares worth .0004 cents each, today I have 8 shares worth worth $50.00 each....
The part that makes me happiest, is knowing, from historical performance of almost every penny stock that ever split this way, that all these sheeples will soon own 8 shares of a stock worth .0004 each, again. A share price area that they seem most comfortable in. What a bunch of major morons..
Isn't there a penny stock adage that goes "when your penny stock splits.. so should you"?

[Bird of Prey]

You are correct, sir!

apparently I dropped a zero somewhere. :)

either way the fellow holding the 1,000,000 shares has a value of $400.


I would also be hesitant to refer to said fellow as an "investor", speculator seeems much more appropriate. Though I'm certain a few of the guards and most of the inmates can come up with much more colorful metaphors. :)