posted
I was taken twice resently by two Reverse Splits. The first was PDVN (now known as PDIV) and then by WFTV (now know as WTF TV or WTVN). I usually only play one stock at a time. After the news of the PDVN RS I took my money and put it directly into WFTV. I was wondering if I'm the only one to get hit twice (in a row) by R/S.
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-------------------- If you don't sweat the pennies, you're not making any money.
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Consider yourself lucky I've been hit 4 times by R/S but WFTV was the worst one that popped me for a Grand, thank goodness for HISC's run I didn't feel a thing.
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posted
Your question is a little confusing. Maybe you shouldn't have added (in a row). On of the first stocks I bought was a stock that had just had a reverse split. It proceeded to go from .10 to .0001 Luckly with my other reverse split stocks, the company said in advance that they were going to do a reverse split ... to bring up the price of the stock, which it did for a few minutes after the split, and then, in every case the stock cratered. At least I was able to get out before the split even though it was at loss.
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posted
That's what happen to you guys who marry stocks with huge floats. You fall for all the "DD" which just blinds you from the truth. Sorry to seem to harsh....
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