$Scorpius Holdings (SCPX.US)$ have a question. Bought the s...
$Scorpius Holdings (SCPX.US)$ have a question. Bought the stock for a little less than 9 cents a share a while back. They did a 200-1 split and sent my average to almost $19. Then less than a month later they did an offering at $1 and now the price is below $1. How the hell is that legal and if it is, can someone loan me a $1 billion cause I can make us $10 billion by starting a company and do the same exact thing.
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BearBear98 : My average is 6.215. This really sucks. The 200 to 1. Then turn around and double stocks at $1. In a perfect world (not dominated by greedy) this would not be legal!!!
Deuce Hall OP BearBear98 : It's crazy. On top of that I sold call options on it with a $2.50 strike price when it was like 12 cents. Now I am stuck like chuck with no hope of getting away from this company for a pretty long time. Couldn't believe someone bought them cause the strike price is now $500. Could lower average but don't trust this company at all.