$SNDL Inc (SNDL.US)$ Ok. It's official. 10-1 or 25-1 revers...
$SNDL Inc (SNDL.US)$
Ok. It's official. 10-1 or 25-1 reverse split. This will make SNDL a stronger company and institutions will buy in. I received this in email for me to vote. Also, a vote on a name change too SNDL Inc. Plus, a vote on 5 directors
Ok. It's official. 10-1 or 25-1 reverse split. This will make SNDL a stronger company and institutions will buy in. I received this in email for me to vote. Also, a vote on a name change too SNDL Inc. Plus, a vote on 5 directors
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Biff OP : The news was already coming that's why the 5 day chart looks so Great
Biff OP : Get ready the Bashers/Shorts will be all over this. Ignore them!
Tlynn : What is a 10-1 or 25-1 reverse split?
Biff OP Tlynn : You own 100 shares they become 10 shares worth $35 per share
Biff OP : Tlynn. At the current stock price. Most stocks go Up prior too a reverse split. If they reach a buck the company usually calls it off
RainbowLight : But the buck must remind for a week to call off and I will sell before the reverse split usually the price will drop backdown. I have 1 share that done reverse split from $7 back to $1 and haven't comeback up yet and I have hold that share for more than 7mths already. So is best to sell it before the reverse split and buyback after the price is stable. This is not financial advice just my opinion and experience.
Jackson Kang Biff OP : Usually, the stock of Rbig S will fall back to its origin, assuming that Rbig S 0.35 10-1 is 3.5. After a few months, it slowly falls back to 0.35, and the value of the stock in hand falls by 90%.
Biff OP Jackson Kang : 10-1 reverse split at .35 is $35 per share post split
Jackson Kang Biff OP : Ok will still fall back slowly.
9917201314 RainbowLight : When is the reverse discount? I, too, will be sold out before then. Please remind me.
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