So I am new to many things involved in trading. I am currently doing an experiment with a small account. I bought 5 poor ARPO stocks on August 18, and there was nothing left. Then of course the merger/reverse split happened on the 27th, which somehow avoided me before then. Anyway, obviously because I have less than 15 shares, I did not receive any AADI shares, but now according to my broker, I hold 5 long positions on CVR, but I can’t seem to do anything with it . Now my question is, what should I do? Will it expire after a certain period of time? Then what? ...
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Meltyy
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Actually I have the same problem. Before, they said that the system gave Haidilao stocks, but I don't know how to deal with them.
$Aerpio Pharmaceuticals (ARPO.US)$Everyone is so impatient for price movement. The analyst price target of $22 is based on fundamentals. It's a 12 month prediction. Not a 1 week prediction. Also, there's a gap down to $1.77, so there is still a little downside potential before it continues up to the PT. If you want quick price movement, you need to look for momentum plays, preferably with good fundamentals. This has good fundamentals, but no momentum. This is a value play, not a momentim play. ...
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Meltyy : Actually I have the same problem. Before, they said that the system gave Haidilao stocks, but I don't know how to deal with them.