OPTIONTURD
Oct 8, 3:49 PM
$OMEX $OMEX Usually, when there is a merger, the price of the stock of the weaker company goes way up....WTF happened? When they do a RS after the merger is complete, you will have the same value but will have 1/25th of the number of stocks you have now.....you lose that leverage. if you have now have 100 shares if it moves
$1 you will have
$100 more. After the RS, you will have 4 shares and if the stock moves up
$1 you will have
$4 more. Using Reverse Splits is for the company....not the shareholders. Maybe in the long run...if they become a better run company that generates income and reduces their debt all the while renewing their exchange listing. Otherwise.....this is just another Fuck-Me Thursday.
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