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Posted On: 11/19/2018 10:15:29 PM
Post# of 32721
Please do Red. I for one pay a financial advisor to handle the majority of my investments. I have tried my best to take some chances on some of these long shots on OTC and would appreciate the knowledge.
My only experience with a reverse split was with Citi. I had a mere 2,500 shares of C when it was around $4.They did a 1-10 RS, took the stock to $40. They did so to reintroduce dividends. The stock did initially drop, maybe around $34, if memory holds correct, but bounced and now trading $64+.
Thank you!
My only experience with a reverse split was with Citi. I had a mere 2,500 shares of C when it was around $4.They did a 1-10 RS, took the stock to $40. They did so to reintroduce dividends. The stock did initially drop, maybe around $34, if memory holds correct, but bounced and now trading $64+.
Thank you!
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