looks like the 1% of stocks after doing R/S ,,,,going up Posted by pms on :
Ok I have a question I bought some stock yesterday does this mean that I bought in after the split or before? Since the PR said the reverse split happened august 9th?
Posted by Lootcifer on :
The spread is sooooooo great. very sketchy man.
Posted by pms on :
I am really confused could someone very briefly explain to me what I got myself into? Yes I understand that I should know what I am getting into and I thought I did..
Posted by one2watchny on :
quote:Originally posted by pms: I am really confused could someone very briefly explain to me what I got myself into? Yes I understand that I should know what I am getting into and I thought I did..
You bought into a shell Co. and now own less shares of a real company.........hold on tight , may be a nice ride.....adjustments on your shares should be updated by Mon. Posted by beechwood on :
Shells can be lucrative if you find one w/o a lot of baggage, debt, etc. I've seen the pps of a shell jump sky high. And I mean into the stratosphere. One good shell stock pick and you can retire. They're hard to find. But on the heels of a R/S? With a R/S you own proportionally LESS shares worth a higher price. But it's common knowledge that the higher price drops like a brick shortly after the R/S. That said, you often have a hard time finding buyers to take the stock off your hands cause most know the pps is going to tank. R/S are bad news no matter how you slice 'em. If you can dump it you'll make a fortune. But do it FAST!
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