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The stock just did a 1:25 reverse split, which was done to keep this piece of crap listed on the NASDAQ. So instead of having 25 shares worth 60 cents, you now have one share worth $15. This company will be bankrupt within a year
 
The stock just did a 1:25 reverse split, which was done to keep this piece of crap listed on the NASDAQ. So instead of having 25 shares worth 60 cents, you now have one share worth $15. This company will be bankrupt within a year
Hopefully, you aren't short.
 
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The stock just did a 1:25 reverse split, which was done to keep this piece of crap listed on the NASDAQ. So instead of having 25 shares worth 60 cents, you now have one share worth $15. This company will be bankrupt within a year
Sort of correct but most stock trackers will show you the price based on current ratios. It’s still gone up about 500% in a week. The easier way to tell is just look at market cap, it went from about 3B last week to 40B today. Still a sketch company but the gains are real.
 
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Sort of correct but most stock trackers will show you the price based on current ratios. It’s still gone up about 500% in a week. The easier way to tell is just look at market cap, it went from about 3B last week to 40B today. Still a sketch company but the gains are real.
You're wrong on the Market Cap. The shares by Ruiz et al were also impacted by the reverse split so total shares outstanding were reduced. Market cap TODAY based on the $15 share price is $2.10 Billion ... which is also bs because there is no way the market would support the added shares being added to the float.
 
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You're wrong on the Market Cap. The shares by Ruiz et al were also impacted by the reverse split so total shares outstanding were reduced. Market cap TODAY based on the $15 share price is $2.10 Billion ... which is also bs because there is no way the market would support the added shares being added to the float.
? Not sure what you’re trying to say, market cap is literally just outstanding shares X mkt price but let me check my series 7 to make sure
 

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