posted
Could people explain to me if a stock at .0001 and you invest in it then you cant lose money right? and also are these good companys ive been readin up on them alot and i think here worth investing in Can you tell me the short term(1-6 months) amount you think and the long (6 months -5 years) WGFL QBID Ivoc ITCV Menu
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You can always lose money on a stock regardless of the price of the stock. If the company goes bankrupt more than likely you will get nothing for your shares.
Posts: 28 | Registered: Jun 2004
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Dr. John
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posted
Or, more likely, if they do a R/S, you can be out 99.999999999......% in a flash!
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quote:Originally posted by jahazoo: Could people explain to me if a stock at .0001 and you invest in it then you cant lose money right? and also are these good companys ive been readin up on them alot and i think here worth investing in Can you tell me the short term(1-6 months) amount you think and the long (6 months -5 years) WGFL QBID Ivoc ITCV Menu
posted
A reverse split is where they reduce the amount of shares for example 1 for 500 reverse split if you had 10,000 shares after you would have 20 shares.not a good thing.Good Luck
Posts: 942 | From: tracy,ca U.S.A | Registered: Aug 2004
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quote:Originally posted by jahazoo: MENU at .0001 and what exactly is a reverse spilt ?
Heres an example. I hade 500,000 shares of lste at .0004 ( only 200.00 ) reverse split gave me 500 shares and now at .0001 so that investment is now .05
Posts: 1169 | From: Pollock Pines Ca | Registered: Feb 2004
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