A bit confused on $ANY. I have been really busy as of late at work and personal issues. Opended up my watch list on the mobil and had seen $ANY up 2000 + %
I had bought on 06/28 sold 06/29 for .0191 anyway wanted to look back at the run up & news related to it on STT. Problem / confusion is is when I go back to 06/28 /17 the high is in the 5's and the low for that day is around $4.50's.
in that week or so the price was hanging out around .20 cents give or take. The news at the end of the day 0n 06/29 is the same related to the stockholder approval.
So, yes the entry price gets adjusted but so does the number of shares you own
Gonna have to research that. Have a profit fo 1.80 then or your buy was just inflated.
My explanation was probably not clear enough then lol. No, you would not profit or lose. Things will remain the same. If you buy 1000 shares at $0.2 (then you own $200 worth of stock). After the 1:10 reverse split, the price of the stock will go up to $2. However, the number of shares you own will automatically be reduced to 100. So now you have 100 shares at $2 (which is also worth $200)
After your explanation I Figured that is the way it worked, Just making sure! Thanks for you input!
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