Replies to post #5348 on NEWBIES BOARD

[VERAX]

I think the time to own might have been prior to last Friday...

[stockrule]

changing the symbol by adding "D" sign in the end means they are going for a reverse split.

[KnowProphet]

Carlson- WGAS underwent a 10:1 reverse split. That's why the D is going to be added, and why It rose so much in price. Once the split became effective, The price opened the following day at 10xthe previous close. So while it may look like an incredibly good thing- It really wasn't. Don't go and load up on WGAS thinking it's going to make you rich until you fully understand why the price did what it did.


QImperator Member Profile QImperator Member Level

Friday, November 30, 2012 10:14:10 AM
Re: ysung post# 22363
Post # of 22681
It shows WGAS as +700%, LOL! It's more like -50% AND a gratuitous 10:1 Reverse Split smile

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81980700&txt2find=split