$Utime (WTO.US)$ It is beyond me. It is now.79 cents, when i...
$Utime (WTO.US)$ It is beyond me. It is now.79 cents, when it was.04 cents. What is happening? What would happen if I buy .04 cents?
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let it squeeze : if you are trying to figure out why the price changed from .04 to .77
they did a reverse split..so every 25 shares get added together and make 1 share... incase you are not familiar with it.. so after everything was said and done it opened at or near a dollar and then dropped from there...
72355696 : Are you not familiar with reverse splits?
Michael Gagne OP : No, I am new and joined two months ago. I am curious to find out more about reverse split.
72355696 Michael Gagne OP : HOLO / FFIE / MULN are fun case studies on past reverse split behavior (I’m also new ish anyone else have better examples?) Sometimes they proceed 60x squeezes or sometimes they just keep diving and repeatedly RS. Uuuuusually in each case there’s at least a wee little bump yeh can spot on a day trade but like many comments below - be wary of this shit lol it’s a wild ride.
Michael Gagne OP 72355696 : Now that I have those stocks added, let us get started.