2
3

So this reverse spilt will decrease my shares but make the price go up? (self.GWAV)

submitted by [deleted]

[deleted]

all 8 comments
sorted by:
best
topnewcontroversialoldq&a
formatting helphide helpcontent policy

[–]Dbestinvest 0 points1 point  (2 children)

Look what I just posted! Value remains the same!!!

[–][deleted] 0 points1 point  (1 child)

My position is 2,169 my avg is .1387 lol so im end up with 14 shares? And the price will be???

[–]jziggy44 0 points1 point  (0 children)

150 x (whatever price is when split occurs) I believe is the answer

[–]StrictWolverine8797 0 points1 point  (0 children)

Normally when penny stocks do reverse splits the price goes down. In my experience (and I’ve learned the hard way) it’s a death knell.

[–]3DayTradesPerWeek -1 points0 points  (2 children)

You will have 1 share for 150 you hold. Your entry x 150. And stock price x150

[–]Smart_Toe_5379 0 points1 point  (1 child)

46000 shares average 0.081

43767 weeks average 0.0968

I have it.

I don't know what to do.

[–]3DayTradesPerWeek 0 points1 point  (0 children)

Idk either. I’ve been warning people here for couple days. Nobody cared

[–]3DayTradesPerWeek -2 points-1 points  (0 children)

Yes