CalebTK : What does RS mean?
RainbowLight : reverse split
Tlynn : Reverse split, once the share price falls, I will be even more miserable
CalebTK Tlynn : Is it possible that the stock price will be held after the split?
DurianBoi : reverse split also called stock merge. smart ass. example RS of 5:1 u have 5000 will become 1000 shares. the new share price will be proportionally higher, and the market value of the company remain unchanged.
Cetdgrt : It means BAD NEWS!!!
CalebTK : What does RS mean?
RainbowLight : reverse split
Tlynn : Reverse split, once the share price falls, I will be even more miserable
CalebTK Tlynn : Is it possible that the stock price will be held after the split?
DurianBoi : reverse split also called stock merge. smart ass. example RS of 5:1 u have 5000 will become 1000 shares. the new share price will be proportionally higher, and the market value of the company remain unchanged.
Cetdgrt : It means BAD NEWS!!!