Leo坦克
commented on a stock · Jun 13, 2024 21:40
$Crown Electrokinetics (CRKN.US)$ Hold long term, what will ...
$Crown Electrokinetics (CRKN.US)$ Hold long term, what will happen in two years?
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DMC24 : If the market is not delisted, then there may still be a chance to slowly rise back up
DMC24 : The bad situation is a joint stock
DMC24 : If you have few original shares, there will be even fewer shares after the joint stock. Although the value may increase, you will need a higher price to get back the cost
Binbin Wang DMC24 : Can you give me an example
DMC24 Binbin Wang : For example, if you have 100 shares now, and he comes in 10 in 1, you end up holding 10 shares. Because it's 100/10, the advantage is that the stock will rise, and the downside is that you have fewer shares. If you buy it at a very high price, you need it to rise to a higher price to get back your capital
Binbin Wang DMC24 : Does that mean it will also have to rise to ten times the original cost of holding before it can pay back
DMC24 Binbin Wang : Understandable, because they need to meet listing requirements, a joint stock is possible, but as others said, if they knew they wanted a joint stock, they should have closed sooner, or simply delisted; there is no need to keep delaying the market
DMC24 DMC24 : Everything can only wait until tomorrow
Binbin Wang DMC24 : It means there will be a miracle
Binbin Wang DMC24 : Tomorrow is Friday, it usually falls
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