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dingo67

03/17/10 4:50 PM

#10666 RE: ps4me #10663

Actually, a reverse split is just the opposite. Your 100 shares at $1 would become 10 shares at $10.
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Lazytncajun41

03/17/10 4:50 PM

#10667 RE: ps4me #10663

thats called a forward split
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Number1Son

03/17/10 4:52 PM

#10669 RE: ps4me #10663

thats a forward split. with ur example you would have 10 shares at $10 after a reverse split
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Mick Dodge

03/17/10 4:53 PM

#10671 RE: ps4me #10663

Thats a F/S
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Ransom

03/17/10 4:54 PM

#10672 RE: ps4me #10663

Not in my experience - the value of the company (on the market) may not keep up with the expectation that the price simply 'consolidates' by whatever factor they use in their R/S, though your brokerage may initially set the price accordingly at - in your example - a dollar.