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Share
01/12/16
03:34
Share
Right now say you have 100k shares and your cost is 300k $3 !?
Right now the value of your stock is $20k
After the split and you have 3000 shares left with a value of $20k
Same value
But say the new stock price is $5
So the price is now $5
I need the stock to multiply 13-16x for me to regain my 300k
That is $70-100 .
Estimating not calculating
However
If this rise from .2 to 3 in the next months id have a chance to regain my value
After the split you will have the same value as today but you will never recoup ur losses as the stock will never rise +50 dollars or so
Its easier for a stock to move from 20-30 cents to 3 dollars
Than a stock to go from 5 to 50
And to be honest , after the split the stock will fall further thats a given
As management have been nothing but c***s with the way they have handled this
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