$AMC Entertainment (AMC.US)$ I'm going to take Adam Aron the...
$AMC Entertainment (AMC.US)$ I'm going to take Adam Aron the ceo of AMC at his word, you see he explained to me how a reverse stock split works you have 5000 shares at $5.00 10 to 1 split now you have 500 shares worth $50.00 per share Simple.
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BabaNana5 : and?
273794940202 : just ignore
Piggy Bank Trader : It was a magic trick. He was showing you how he can take 10 of your shares and make them 1 and still only valued at $5
MindOverMatter : Your splitting a pie between 2 ppl you cut it into 4 slices.You each have 2 slices you cut it into 8 slices now each have 4 slices both individuals still have the same amount of pie don't they?
H-E-T : It’s true but they shorted the price right back down after the r/s . Thats what usually happens that’s why it’s important to try to get out before a r/s. You can always get back in at a lower price. ALWAYS