Wednesday, July 25, 2018

What the hell is reverse split and what does it mean?

So I bought 240 shares of Helios and Matheson at .17$ a few weeks ago and they put a 250/1 or 1/250 reverse split (not sure which number order is correct). The current price is at 12.48$. What does this mean for me? Do i have 240 shares at 12.48$ or 240/250's of a single share? I'm a confused noob.



Submitted July 25, 2018 at 01:18PM by GobbleLobster8 https://ift.tt/2Ol90OK

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