posted
It depends on the amount of shares the have out. By the way this question would be better addresed on the General investing topic's board.
-------------------- You never really grow up you just learn how to act in public. Posts: 1169 | From: Pollock Pines Ca | Registered: Feb 2004
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posted
these pennies all have too many shares outstanding, and they issue more, the price drops again, and it becomes a cycle.... did you ever see charts where the historical prices say like $1500 was the high? That's cause they reverse split it to death. Think .0001 is the lowest a stock can go? NOOOOO. They reverse split it to a penny lets say, issue more shares and it goes back down to .0001 again... check a 2 year chart on PCOR.ob for example.
Posts: 1835 | From: Boston, MA | Registered: Sep 2004
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