$American Virtual (AVCT.US)$ If I buy first thing in the mo...
$American Virtual (AVCT.US)$ If I buy first thing in the morning will it still compensate for rs?
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izzl11 : Lmao I’m so happy some one else is questioning this I sadly am going to have to be up at 4
Traxxx OP : lol I'll have to be up by 2am if I want to get in, but in all seriousness how does a rs work? if the price goes up because of the x15 split doesn't that just mean they average your price by x15 or do you actually get the full return from your average price? I would really appreciate some professional feedback
Traxxx OP : @Alvinnnnnnn89 any words you can share on rs and how it works?
怒りの悪魔三の六 : Not a pro, but as far as I know its extremely sttaight foward. you divide your positions by 15. BUT increase the cost per share by 15. So yes. Your cost per share will also raise 15x. You dont make nor do you lose money. This is done to bring down the supply to better meet demand and hopefully the stock can continue to rise. Good Luck!!!
怒りの悪魔三の六 : oh and if your share amount doesnt equal to a number divadable by 15, you will be given a fractional share OR you can opt to just get back the rest though I have no idea how to go about that so I just sold down to nearst 15 interval. less maths xD
Traxxx OP : thanks for the explanation
minions365 怒りの悪魔三の六 : I have 150 shares... So will become 15 share after that....
Alvinnnnnnngenius : If ur share are equally divide by 15 then u don’t loss much , if you have 14 share means u already loss 14 share after split. And rs means lower float , short term ppl will tried to bring the price down with short selling to gain profit , and it will recover with tiny float easily fly to moon
minions365 Alvinnnnnnngenius : Oh i didnt lose... I got 150 shares now im with 10 shares. The price dropped so much need to go 4.5 to recoup my lost.
M1ke1229 : I get up at 4 am and that's the best time till market open to buy