Tuesday, July 10, 2018

Reverse Stock Splits

I decided to play around with some stocks and bought 6 shares of a company. Today they are voting for a reverse stock split which would be decided later to be 1:2 up to 1:252. Having no knowledge of stocks I take this to mean my 6 shares could turn into 2,3 or 1 share depending on a reverse split of 1:2, 1:3 or 1:6. My question is what happens if it goes above that? Like 1:252? Would I lose my stock?



Submitted July 10, 2018 at 07:10AM by bassman619 https://ift.tt/2L2qEVb

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