Just in relationship to what I managed to average down to. I managed to average down to .0002 and while I know others are probably going to feel the bite worse than me, it still sucks to see an immediate loss of 50%.
To get the price of stock after split that it is worth at today's price the price per share would have to be $.50. and it would have to be beyond belief to acheive the riches we all dreamed of. I have went through several reverse splits. The only way to get ahead is to sell. Then wait a period of time after the split to buy back in. Why Because in 99% of reverse splits the stock takes a node dive from the initial pps after split. so you have to buy back in when the price drops. If, and only if, the company becomes profitable will the pps then begin to increase and hopefully over a few years you can hope for a couple of forward splits. So this reverse split was a disaster. I'll keep a few shares to keep abreast of thoings but I'm selling off now
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