Sorta. .55 is the price for people who were in pre split, but if I bought at .01 yesterday and sold at .2 today thats a pretty good profit no? You also HAVE to keep in mind all those shares that accidently made it onto the market yesterday from Scottrades error.
As my friend and I were discussing today and trying to come up with fair value
So, " People need to keep in mind though that when the RS shares are available in their account, the adjusted price for those shares is .55." Doesn't really hold true or apply as the bid was 0000, so maybe 28 or so IMO if u split the two
But I do agree if holding 50-60 is my target for selling to be even from buying when at 0001
Those who bought yesterday "if" they get to hold and sell are lucky ones
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