10 to 1 stock
Hey guys, if I do own less than 10 stocks, what is gonna happen when the split takes effect? Thanks in advanced for the advise.
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TejasSG : You will own fractional shares
104803736 : It's 10 to 1 forward split, your 1 stock will be split into 10 stocks, not merge. Correct me if I am wrong.
Yemz : If you have 8 stocks, you will have 80 stocks after the stock split on October 1. This stock is being abandoned by Wall Street, and gross margins are getting lower and lower.