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Guys, understanding reverse split in a simple way, and why

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  • 70107480 OP : For  those who are still confused, first, the reverse split will divide your number of stock by 4. And multiply the price of the stock by 4. So in the end, it's just the same.

  • 70107480 OP : For example, if you have, originally have 100 shares of stocks, price at  1 dollar each.
    What will happen is, your 100 stocks will be divided by 4, so it will become 25...  (100/4=25). But.... your original price of 1 dollar, will be multiply by 4... (1 dollar x 4 = 400). So now you have 400 dollars worth of stock. So in the end, its just the same

  • 70107480 OP : Nothing is change.

  • 70107480 OP : But the nice thing about this is, since we are looking forward for NASDAQ inclusion, or to be included at NASDAQ, this is a goos thing

  • 70107480 OP : Because one of the requirement to be included at NASDAQ is  the price to be around 3+ or other people say its 4, and this is one the the big reason that we have the reverse split

  • 70107480 OP : Guys, to be included or traded at NASDAQ is a big thing, it simply means that all or most Broker can trade it, or let me say it this way, you can buy it almost everywhere if not all brokers

  • 70107480 OP : And this is big for 2 things, first, most people can buy it without transfering/opening another account for OTC stocks. Second, a lot of peop[le dont like to invest on penny stocks that are under a dollar. Now, they will be interested to invest into it. And all this moves are positive for growth guys

  • 70107480 OP : Guys, i hope you see a brighter future for HUMBL because of these moves, honestly it makes me excited

  • 70107480 OP : This stock will fly soon, and there is so much room for growth ahead of us. Position yourself ahead, buy more if you can, because i see 10+ in a few months

  • 70107480 OP : Good luck guys, let's walk this journey together.... aim high

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