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looneystocks

02/14/13 7:35 PM

#1189 RE: zeus_0100 #1188

Then someone screwed up. The closing price of prior to the split, and the opening price after the split... the market cap should be more or less the same... If the market cap was 5 million prior to the split it should be 5 million after the split, unless of course the stock opened up 50% high post split. Which this did not do.

It closed at about .04 on the day of the split, therefore it should have opened .04 divided by 3 (more or less) the price per share should have been .013 more or less.