$Utime (WTO.US)$ I think I got it. If I want to buy .04 for...
$Utime (WTO.US)$ I think I got it. If I want to buy .04 for 12,000 shares. Today is .85 cents means that I will be cautious until it reaches $1 or more, at which point it will be easier to sell and more lucrative.
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72355696 : Well it’ll be another 95% drop in order to see 0.04 again. The 1/25 split means the .04 pre-split = $1 post-split and those 12k shares if you got them are now 480. Thus the current .8 ish is ANOTHER 20% drop and at this point yeh should consider yourself lucky if we see $1 again anytime soon.
let it squeeze : .04 x 25 = 1.00
or what ever your original price was × 25
for your share count , say you had
10,000 shares ÷ 25 = 200
Hopefully that helps you get a understanding..
when I started.. I was blindsided a few times and took some hits....
nothing I say is financial advice...I'm still learning too
Michael Gagne OP let it squeeze : I understand perfect clearly. Thank you.