At the end of every day, it's less than 1 cent per
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Posted On: 05/15/2022 10:50:46 PM
At the end of every day, it's less than 1 cent per share
When all the hype about nothing, passes soon, it will be trading at 33% of what it's trading at now. So a 1000:1 reverse split will be needed to get the stock to about $3.33 cents per share and shorts come feeding after your shares are cut by 1000:1 and bring it to a $1 per share.
realistic scenario below for an insolvent wholesale model company with peanuts for revenue history, slim margins wholesale model and no asset value:
Before split: 5,000,000 shares @ .009 per share = $45,000 in $ value
1000:1 reverse split = adjusted 5,000 shares @ $9 per share = $45,000 in $ value
Shorts take it to $3 very easily in a short period of time with $9 being far much too expensive to 99% of investors for an insolvent company and no assets looking at 2-3 years to realize any type of real revenue and longer to show any type of profit
5,000 x $3 = $15,000 and $30,000 loss in value after Reverse Split.
Wall Street is not investing in growth companies. They only want value stocks turning a quarterly profit. Days of visions of grandiose growth are over.
imho
cheers
When all the hype about nothing, passes soon, it will be trading at 33% of what it's trading at now. So a 1000:1 reverse split will be needed to get the stock to about $3.33 cents per share and shorts come feeding after your shares are cut by 1000:1 and bring it to a $1 per share.
realistic scenario below for an insolvent wholesale model company with peanuts for revenue history, slim margins wholesale model and no asset value:
Before split: 5,000,000 shares @ .009 per share = $45,000 in $ value
1000:1 reverse split = adjusted 5,000 shares @ $9 per share = $45,000 in $ value
Shorts take it to $3 very easily in a short period of time with $9 being far much too expensive to 99% of investors for an insolvent company and no assets looking at 2-3 years to realize any type of real revenue and longer to show any type of profit
5,000 x $3 = $15,000 and $30,000 loss in value after Reverse Split.
Wall Street is not investing in growth companies. They only want value stocks turning a quarterly profit. Days of visions of grandiose growth are over.
imho
cheers
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