@antitwist1@lucaresu@F_The_System420@Snoop818sfv@twistersage@CEOAdam You might do it if you intended to sell your shares at some point, fewer shares to sell should sell more quickly so you can have a shorter exit strategy.. another reason is if you anticipated the share price was going to fall even further than it already has.. market requirement
@lucaresu@F_The_System420@Snoop818sfv@twistersage@CEOAdam Nah, $10 regardless, math is correct.. remember price went from $3 to $72 .. in that scenario, let's say they reverse split the stock at $3 vs no change with that share count
RS = 495.7 * 30 + (495.7 * 42) = $35,690.40
NoChange = 4957 * 72 = $356,904.00
Which is better?
@F_The_System420@Snoop818sfv@twistersage@CEOAdam Oh! thank you, good catch, so stock price is about $6 ... so move the decimal point it's $60 per share? right?
So, after a $10 price increase per share after both events, it's actually...
RS
$37,631.2
&
No change
*$79,312
thank you for pointing that out <3
still a good call?
@brngspartan @RealBenGeller@CEOAdam@CEOAdam@SECGov Why is a "dividend" being issued as a share? If you want to reward your shareholders, simply cut us a check like all other companies that reward their shareholders. We voted no new shares. We know you're not about rewarding your shareholders, because when amc..
@brngspartan @RealBenGeller@CEOAdam@CEOAdam You know there was a vote to issue new shares of AMC; the new shares were declined. So why then do you proceed to issue duplicate shares of the same company with a separate ticker? We're all well aware of the plan to merge them together to cover the manipulation..
@twistersage @Billy4life2009 @bluuuiceee@TDogCali51 @newyork_angelo If you can't take the heat, get yer ass out the kitchen, we on a mission
https://t.co/WO94Q9zzqG