Exactly.
before r/s dtro was 0.0002/0.0001.
i think 0.0001 is ths minimums price for any stock.
in the worst case all of us would have sold it for 0.0001.
but after r/s it went down to 0.05 which is equivalent to 0.00005 before r/s which would not have been possible if r/s was not there.
I agree with TJG that a stock trading @0.05 has better chances to grow when compared to a stock trading at 0.00005.
but TJG, i have a point here. a stock trading @0.05 has more chances of going down to 0.01 when compared to a stock trading @0.00005 going down.
DTRO was trading @0.002/0.003 early this year. it went down to more 97% in last 8-9 months. this is because the company is not releasing any news.
many of you people were saying dtro may release news once D is dropped. we already saw 5 trading days after D drop. where is the news?
what if the company issues new shares and continue dilution?
i know many of us who invested in in thousands $ in this share. current worth if their shares should be in $100-$500 range. if dtro issues new shares, i am sure all their share worth will be in 2 digits
after selling my dtro stocks last monday, i felt a bit confused. whether i did a bad thing. should i have waited for a week. so many questions were going on my mind. now everything is clear. feeling more relaxed.
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