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I love how I bought like 100 shares of that company at a buck. It barrels towards good highs now in the $20.00's and they did a reverse split weeks ago. AHHHH. So needless to say i have 4 shares.
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Yeah, had a few thousand shares myself that I picked up at 50 cents before the bailout news hit and the price jumped back up. It had been performing well right up until the reverse split. R/S bumped the price to $20, and then the market quickly slapped it down to $14. Pretty much destroyed the gains I had made. It's now back above $22 but I still don't trust it. Meh, was a gamble in the first place so I can't complain too hard if it tanks.
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Chebasaz Wrote:Yeah, had a few thousand shares myself that I picked up at 50 cents before the bailout news hit and the price jumped back up. It had been performing well right up until the reverse split. R/S bumped the price to $20, and then the market quickly slapped it down to $14. Pretty much destroyed the gains I had made. It's now back above $22 but I still don't trust it. Meh, was a gamble in the first place so I can't complain too hard if it tanks.
Hell you are talking about a couple of thousand shares though. Even if you ended up with 500 shares at the current price thats a nice chunk for buying at .50cents.
good for you!
I wish FNM would do that already. I have 500 shares. Even if they reverse and I end up with 100 and it spikes to $20. I will make a profit. But this whole 40cents to 80 cents for months is killing me.
I dont know how its even still traded at those rates.
[SIZE="3"][SIZE="2"][SIZE="1"][SIZE="1"][SIZE="4"][SIZE="4"][FONT="Arial Narrow"]"Oh, get a job? Just get a job? Why don't I strap on my job helmet, and squeeze down into a job cannon and fire off into job land, where jobs grow on jobbies!" Its always sunny in Philadelphia.
[SIZE="1"][FONT="Arial Narrow"]tesc credit banked
FEMA IS courses- alot
Aleks completed-many of them
Cleps:Spanish 67
Associates in psychology UOP
TESC BA in psychology[/SIZE][/SIZE][/SIZE][/SIZE][/SIZE][/SIZE]
attempting currently
Masters in counseling
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