posted
eyah i know they anouced the RS while i was at work and i found out after ig ot home so i got screwed 3 ways
1 being the RS 2 being an unfair RS PPS 3 being my broker account shows 75,000 shares and A016930 as its symbol and me not being able to get out even if i could due to value being worth the commission only
Posts: 24 | Registered: Jul 2005
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quote:Originally posted by patiencemaster: the spread sucks big ! i hope i will not lose my whole money here !
Most of the time they go back to their pre-split price.... After a couple of days you may have a chance to play the RS.
Because of the low OS they get played and they ussualy spike one more time before going back down for good... GL
Posts: 5120 | Registered: Jun 2004
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posted
tommorrow your account will be set to the real value ! the price dropping is strange but not unnormal. like Prdponce said we have to see the next days.
but if we dont up again i am 100 % bag holder and have to wait to lose all my money or win something.
reverse splits a everytime a high risk but sometime you can win big i hope for big return.
quote:Originally posted by banger: Really strange, my account is showing an increase of 7,173% ?????
413,793 $0.002 $61,215.65 7,173.99% $62,068.95
I take it that you had 413,793 shares before the split, right? If so then post split you will have 413 shares at .15 (todays value) = $61.95
The share price post split was .60-.70. Then it traded today at .15 (todays bid is .15 and ask is .50). Like someone said earlier usally after a R/S the price retreats back toward the original price, in this case .0007. The best thing that could of happened if you were caught was to sell ASAP at .60.
Good luck.
-------------------- If all goes well then great, if not, make it work. Posts: 2562 | From: Louisville, KY | Registered: Feb 2005
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posted
here is how it works. most of these companies do Reverse Splits to steal your money. The pps will keep going down to sub penny because the CEO will immediately start dilluting. he still has all the Authorized Shares that he had before.
posted
@Along4theRide i have 1378 shares have also to hit 1$ to get my money back. compared to the old stock price we also could see a run now to 3-5$ easily. but we will see.
keep all long and strong and we will get what we want guys!
posted
i have to hit $1.4 to break even i missed out on the big uptrends before hand i was hoping to jsut gain 40% when i baught in at .0014 but thats ok this 122% climb has put a smile on my face at least
another 200% to go lol
best of luck to anyone stil in this i hope patiencemaster is right i would love to see 3-5 on this but how likely is it for that to happen???
Posts: 24 | Registered: Jul 2005
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posted
adaconsultants.com is the company that was brought in, as per yesterday's press. I can't find any numbers yet, but the sec will need audits pretty soon.
Posts: 158 | Registered: Jan 2005
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i missed out on the big uptrends before hand i was hoping to jsut gain 40% when i baught in at .0014 but thats ok this 122% climb has put a smile on my face at least![[Smile]](smile.gif)
