Come Friday close, it will be under $20. This latest reverse split will bring it down to its knees.
pat_0317
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$JDST Is a cash grab against the increase in price for Gold. Get out while you still can.
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$JDST Reading some of these posts...quitting jobs, buying Lambos, Im rich. Theres allot of Rooks within this chat room.... they know the least but think they know the most
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$JDST Reading some of these posts...quitting jobs, buying Lambo’s, “I’m rich”....There’s allot of Rook’s within this chat room.... they know the least but think they know the most.
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$JDST Reverse Split set at 1 for 25. So, 250 units would now be 10. Any residual or difference is paid out in cash at the pre-split price.
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$JDST Reverse share splits are often perceived as the last resort of a desperate company, an artificial way to prop up an already-tumbling stock price.
The price will plummet; so a 1-for-25 reverse split can obscure the depth of that price drop, getting the stock price back up to respectable levels again.
Welcome to the world of stop-gap measures to prevent exchanges from delisting their ETFs. -
$JDST Important to note, a reverse share split will also void all your open trade orders for that ETF, such as limit orders, stop orders and so on.
Options on those ETFs can be impacted, too. So when a reverse split occurs, investors should review their orders and replace any that have been canceled. -
$AC.CA is a solid buy right now; May drop further; Longterm gain; Solid mgmt team; Yes, gov’t will help AC when in need;
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Keep in mind that 1 unit would be equal to 29.50$ off of the close of 1.18$
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Based on today’s close of 1.18$, the Reverse would be 29.50$. This amt isn’t firm until tomorrow’s session opens. Could fluctuate < or >
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