What I’m getting from this is that reverse stocks are a scam for us small time investors
@MegaRespectKing4 жыл бұрын
Stocks are real fishy. Seems like kids playing games and re-invent rules when they're losing
@genevickers17024 жыл бұрын
Reverse stock splits are a nightmare for devalued shareholders it should be illegal for all etfs to function there proportionality off the value of shares. If you invest in a high number of shares then they devalue before a reverse split, all of your money goes right down the drain, after that you can either hold and see what happens or sell with no compensation. It's really a smoke and mirror trick but in all reality they should compensate you for the devaluation of the number of shares before the reverse split because what really comes into question is, what do you really own? This trick does not judge the value of your share but rather the proportion and it should be illegal the whole reason you invest is to make money not keep some fund or company afloat. You should have the right to keep the number of shares that you own, "you know buy low and sell high" the share itself is your only proof of ownership not the value of it but yet that is what they base your share size off of.
@Benni_hana3 жыл бұрын
I'm here because of CTRM
@lifeiszain4 жыл бұрын
I learned this the hard way
@ABP72923 жыл бұрын
What if a company is a penny stock and they go ahead with a reverse split in order to get uplisted to the nasdaq
@davahn1224 жыл бұрын
USO brought me
@AtomicToyRobot4 жыл бұрын
Im fairly new to stock I had 3 companies do a reverse split when I held under 20 shares. those being Rite Aid, Groupon, and office depot. when I held these stocks they were all valued at under 5 per share, now their value ranges from 13 to 27 dollars. and because i did not hold the number of stocks needed for the split I just got cashed out. Very discouraging for a new investor.
@eiffel01084 жыл бұрын
I thought I'd won the lottery when I checked the share price of Aston Martin this week, only to find out it was this.
@tonysteel13774 жыл бұрын
I bought 1,267 shares of Groupon in March for $1,761. The company executed a reverse split this week and the unrealized gain is around $26,000. 📈
@fluffingfluff4 жыл бұрын
ABC, ouch so close, it should have been ACB 😂😂😂. Thanks for a good video though
@DeAunta_Hurn4 жыл бұрын
So what happens when a split takes place and I don't have enough shares to make up 1 new share where does my money go?
@nooraziz30203 жыл бұрын
What if a penny company is growing fast and wants to be on the NASDAQ so they do a reverse split to get above a dollar. Is it bad then?
@Manny.Enriquez4 жыл бұрын
USO Brought me here 📉
@cam_bone4 жыл бұрын
Roberto Enriquez facts
@ATZAEL1874 жыл бұрын
Roberto Enriquez i just one 441 shares to 55 shares
@ATZAEL1874 жыл бұрын
Just owned
@kanshank4 жыл бұрын
Roberto Enriquez Yeah I started to short Brent just to see a bullish move on WTI. Is it the fed printing tankers ? Nope it's every one going long bc of the dumb money thinking they will be rich today
@pyromcr4 жыл бұрын
rip
@KingDeeba4 жыл бұрын
had 65 shares of acb, dropped to 5 lol. somehow i have more money but im still confused as hell on the future of my stocks. looks like acb is trending upwards as far as the moves they are taking. let me explain, i sold my stocks while they were at 9....purchased while they were low and now this. im seeing a lot of folks who lost money because they held while they dropped the first time
@kusugg13874 жыл бұрын
ACB got me here. 12 to 1 split damn it!
@kimmidoesdallas16 ай бұрын
I don't understand how reverse splits aren't illegal. You buy shares fair and square and then they can just come along and take em? One of my stocks did a reverse split.I went from 2000 shares to 20.And I just really like to know how could this be legal? And I won't make any money off that stock until it reaches ten dollars when I bought it at ten cents a share.
@bingmow3 жыл бұрын
I'm this market environment say CTRM where you have been acquiring new vessels left and right (a positive thing) and the future looks good but you split 10-1... wouldn't this be a good thing to reduce the float?
@Erick10zz7 ай бұрын
I had shares at $20 in SCO that i would sell at $23 or $24 and then wait until they go to $20 or $19 to buy and do it all again. Suddenly one day i see that my shares are worth $274 and i havent been able to sell them anymore otherwise i would lose like $2000. That was 2 years ago, and still waiting to see if they get to $274 (the max in 5 years was $243) to sell otherwise my money has been locked. Its very frustrating...
@alexp2473654 жыл бұрын
Is a company required to disclose a stock split before it actually happens?
@AustinMarchant4 жыл бұрын
JNUG brought me here let’s see what happens
@codykrolak17164 жыл бұрын
Austin Marchant same
@codykrolak17164 жыл бұрын
Pray for jnug
@rickymojekwu85814 жыл бұрын
Austin Marchant jnug and jdst bro, how many shares did you have?
@aj31984 жыл бұрын
Austin Marchant same I was freaking out this morning
@ricky15o34 жыл бұрын
Same
@ECPLO4 жыл бұрын
How does this affect options contracts?
@jasoncora14 жыл бұрын
Thanks for the explanation. I thought I was going crazy seeing that a stock I sold months ago was never even close to as low as I thought it was. Turns out they did a reverse spilt and you can't even see the old numbers on the charts anymore.
@thomasstandring58105 жыл бұрын
So therefore, realistically speaking the Reverse Stock Split is negatively immaterial as long as the company's Market Cap valuation remains or goes above the original company Market Cap that it was at, prior to the Reverse Split?
@ramkyr82866 жыл бұрын
reverse stock split is a disaster...the company will die soon....
@babydoll62804 жыл бұрын
This should be illegal.
@Jueller11 ай бұрын
You left out the dilution part, where if they keep RSing and you don’t average down you eventually don’t have enough shares for the split and you get forced out your position losing everything.
@siroomar47114 жыл бұрын
Aurora cannabis brought me here
@garylohr84504 жыл бұрын
I got screwed on a reverse split but I didn't lose much and I'll write it off. That's the problem with Penny stocks. Lesson learned.
@JamMaul4 жыл бұрын
Lost 395 shares on april 12th 2020. On mcep. From .22 cents. To 3.08. I was happy to see my little investment go up just to find out they end up doing a reverse stock split 😷💣💥 this mid con stock. Blows!!!
@aleebr15514 жыл бұрын
XSPA brought me here
@smoov_234 жыл бұрын
Same here, are you going to sell?
@MAKTV_4 жыл бұрын
how you feelin about it
@MAKTV_4 жыл бұрын
Was confidently bullish until this news dropped
@michaelmote23624 жыл бұрын
Me too. Just unloaded my shares
@Brian-gg2jb4 жыл бұрын
I wonder how it happens
@SilentCloudXIII4 жыл бұрын
TOPS brought me here
@diwakarkc2314 жыл бұрын
Me too
@amorgan58444 жыл бұрын
Same man, same.
@adriannaxbabyy4 жыл бұрын
Same
@adriannaxbabyy4 жыл бұрын
So we lost money?
@joevillarreal99534 жыл бұрын
Groupon brought me here. I almost bought 100 shares 3 days ago but opted out at the last minute. When I saw it this morning, I freaked😳 So I looked into it. And I found out they had planned a 20 to 1 reverse stock split the day before. Had me fooled 🥴🤦♂️😆
@captencollin87534 жыл бұрын
XSPA Brought me here
@erricacane95664 жыл бұрын
Me 2🤬
@believedream55624 жыл бұрын
Is it 30 days including the weekends? Or trade days?
@FilmPA19863 жыл бұрын
How about the fact that the stock price will have to rise much much much more substantially for you to make the same amount with more shares.. Ghsi just did a reverse split I had 530 shares at .36, now I have 88 shares at 2.34. Say I still had my 530 shares. What have I made at $5? $2,650. What about my 88 shares at $5? Only $440. The stock isn't rising at a higher rate either. It's exactly the same or worse. And this is completely legal? It should be fucking illegal because when they reverse split again I won't have but what, 20 shares maybe? That will take even longer and longer. You mine as well sell your shares and go into another stock at that point because it just won't do anything for you unless you lower your average by selling then buying again low, or buy low and just keep pumping money into it
@uniqu3solutions2104 жыл бұрын
Can anyone further explain the after effects of a reverse split. Meaning my stock was $8 per and is now $60. And the current stock price is now $7. Does that mean now that the stock must raise above $60 in order for me to turn a profit? Will a reverse split reverse itself if the company ends up improving?
@london7014 жыл бұрын
hi so ACB aurora stock is doing a 12:1 stock split i curerntly have 10,687 when it stock splits i will have 890.5 stock does that mean my stock will be X 10 the current price or X 12. someone please answer me. idk if i should sell when i see a little profit or keep holding
@johnsheridan13214 жыл бұрын
Same lol I came here because of the article I believe it is going to mutiple the price by 12
@emmanuelfinance9214 жыл бұрын
USO brought me here
@Dylan-qq5fh4 жыл бұрын
hahaha same
@coolcat180964 жыл бұрын
Same
@jakubvalenta54036 жыл бұрын
You were right. Trade what you think, not what you see. Contrary what others say, but I understand now.
@chrise2023 жыл бұрын
How would a chart look day before and day after the split for past month?
@mrgreenis4 жыл бұрын
Only if you are taking account in, the stock itself doesn't want to trade under 1 dollar. What if this is not the issue?
@vivianoni95654 жыл бұрын
A rubbish penny co. reverse-split my shares to nil. Reverse splits are corp. hijinx to stay listed. Co.'s that undergo them habitually are inevitably headed for the minor exchanges.
@bibi81954 жыл бұрын
CPE brought me here! Woke up thinking I was rich :(
@Bronceado71846 ай бұрын
What if you only have 1 share how much will you get it a reverse stock split happen?
@nicholasgarcia27483 жыл бұрын
Can someone please explain the AIG example in more detail
@RowdyUpInHere4 жыл бұрын
Acb brought me here because I held on to them even after the stock split and now I’m seeing gains for some reason... guess it’s not because of the stock split from the looks of this video
@dUROtAn-rg4uo4 жыл бұрын
Curious what VISL will do. Earnings report upcoming and some good contracts signed along with new management. Seems like a lot of outstanding shares currently
@peggycarrington8773 жыл бұрын
Great INFO here !
@kimroberson83764 жыл бұрын
If you have ACB stock you have to risk it to get the biscuit. Assess your yield to loss before buying more shares. With people leaving the company. They are leaving with buy out as well as your cash. For me ACB has to show me more than smoke & mirrors. .....
@cowboy_starАй бұрын
This happened 2 me I had just 20 shares of a stock that was $2 a share it took 19 shares and now sits at $97 a share.. that really freaking sucks and I'm pissed..So what could have been about 2k is now $100 because of this bull...
@Nrvisions1420 күн бұрын
After the reverse stock split, did your balance just go down to 400? I thought the balance stays the same but you just have less shares ?
@sabrinakurera59274 жыл бұрын
Thoughts on GUSH?
@XxTheRagingGamerxX4 жыл бұрын
Just lost today... Got a 1-100 reverse split making my 120 stocks to one. The price per stock was at .09 cents and rose to $6 per share when I was asleep and that's when the split hit
@zoneofender12684 жыл бұрын
My gush stocks reversed split for 1-40 ratio.
@ShadyRealTalk4 жыл бұрын
ZoneOfEnder Mine split with Gush also, do you see any good to this?
@XxTheRagingGamerxX4 жыл бұрын
@@zoneofender1268 same but I guess I didn't have enough now it's gone and will be reimbursed in a couple of weeks
@MM-gp4zu4 жыл бұрын
@@zoneofender1268 was it gasl???
@carlosmartin24384 жыл бұрын
Yup Gush just got me as well
@karen4064 жыл бұрын
Tis just another way of stealing people's money.
@deps504 жыл бұрын
I'm here bc I had 1500 share with cpe and the I found only 150 share I went crazy wtf happened. lmao i dont like that 🙃
@jlump93974 жыл бұрын
SAME ! did you end up selling or are you holding?
@jkmurphy34 жыл бұрын
So, an RSS with forced cash merger following a deliberate temporary devaluation of markets would ultimately enable very few individuals to amass a great amount of wealth in a short period of time?
@TheSmendez1392 Жыл бұрын
Smart way to gather more investors
@fongcha4933 Жыл бұрын
My hold on 4000 miti stocks is now 80 after reverse split. Went from .04 to .99. This is so wrong in so many ways.
@olgerkhan93312 ай бұрын
MAXN 1000:1 yet still falling even after the resplit. Hoped to see ANY benefits besides not delisted but seems thats the only good thing.
@AOE55783 жыл бұрын
28 may 2021 we have STRM stock to reverse stock split 1-10 , and today 23 the stock is -16% , yes the stock is less than one dollar for long time
@cm-gw9yb6 ай бұрын
i got 250k shares of a company that is trading at 0.01$. in switzerland we delist stuff under 0.01$. they want make a 750:1 split. would put the share price to 7.50$ but i think they only do that because price iwll go down much more. (its already down from 0.60$ to 0.01$. and i think that will just happen again)
@ukspreadbetting6 ай бұрын
Which company is it? Reverse stock splits i.e. consolidations rarely benefit shareholders.
@cm-gw9yb6 ай бұрын
@@ukspreadbetting mbtn (meyer burger, mybuf)
@shivercanada10 ай бұрын
Fisker is in this situation now, glad I didn’t invest! Thank you sir for sharing your expertise. God bless!✌🏻
@nickwilliams37104 жыл бұрын
Office Depot brought me here...
@akatsubietv86554 жыл бұрын
Tops brought me here, hello everyone 👋
@adriannaxbabyy4 жыл бұрын
Same so we lost money?
@robertmoyes32424 жыл бұрын
Tops really hurt my feelings yo😭
@akatsubietv86554 жыл бұрын
a G sadly yes 😢
@akatsubietv86554 жыл бұрын
Robert Moyes she’s a heart breaker man she played all of us 😭
@ArchivingClownWorld3 жыл бұрын
$SCR check?
@desdonaghy3 күн бұрын
He left out another reason. Higher price can attract institutional investment making price go higher.
@PK-qv5kv4 жыл бұрын
Is xspa 3 to 1 reverse split good?
@1pyroace12 жыл бұрын
This reverse split is going to mess up my dividends investing….
@zackde8795 Жыл бұрын
I’m here because BBBY
@NJAveraGeStiFf2 жыл бұрын
Im here because ivr
@peggycarrington8773 жыл бұрын
Keep PROTECTING CONSUMERS ❣️
@asteroid2sky5 жыл бұрын
Thank you for good information you provide
@egzonp1742 Жыл бұрын
Hello Bbby Investors 😢
@seeMEas4 жыл бұрын
ONVO brought me here
@truthseeker33974 жыл бұрын
GUSH
@rickybeans88784 жыл бұрын
Rttr got me here after a 25 to 1 reverse split. Wat a load of shit!!! 2130 shares at .53 cents turned to 85 shares, i got those 85 at $13.41 each. All this happened over night and than opened the day at $9 a share dropped immediately to $7. Im fucked is wtf just happened!!!
@abdulmohamin9924 жыл бұрын
Office depot ODP brought me here
@tybarker50385 жыл бұрын
In pix on caught me in one the other day.. ugh So annoyed right now. Lost like $80
@NIO4LIFE5 жыл бұрын
You should have invested in Nio
@NoMetsNoNetsNoJets2 жыл бұрын
Thank you!
@alphabravo35665 жыл бұрын
$DRYS loves to rip people off with their r/s.
@Kris-WT3 жыл бұрын
I'm here because of VYNE
@clubpaninaro4 жыл бұрын
Office Depot brought me there 😩
@ritwikghosh81744 жыл бұрын
Awsome lesson love from INDIA♥️🇮🇳
@simryusom88114 жыл бұрын
EYPT brought me here!
@ubersteve32654 жыл бұрын
Aston Martin AML about to do a reverse stock split, 1 for every 20 on December 14th
@doucefrance54816 ай бұрын
Thank you from France, today first time in my life I am 39 I experienced a Reverse Split 😅 from Virgin Galactic stock on JUN 17th 2024. From 0.68 usd to 12 usd😂😂 Like V2 in crypto shitcoin. ps: I learned market, stox, everything thank to shitcoins in 2021.
@Sakir22124 жыл бұрын
Acb brought me here
@christophermendonca79695 жыл бұрын
I had 23 shares in jagx @0.19 and today my stocks are missing and the price is up to like 7.00 per share so what do i do?
@DIYD5 жыл бұрын
hahaha i'm here after jagx as well.. your shares are gone. for the split was 70 to 1; every 70 shares are now equivalent to 1 share at 8 something. it has fallen 1.80 since then. not sure what else to do myself. i have 2000; put my account into margin call of 33 dollars :/
@JAYVEEFaithFamilyFun4 жыл бұрын
GRPN brought me here
@blackice73133 жыл бұрын
Ontx brought me here
@lebanemcarl68 Жыл бұрын
Just woke up to a -38% after a reverse stock split
@parabolicstreetutuber5974 жыл бұрын
ACHV BROUGHT ME HERE!!!
@rahul25bala3 жыл бұрын
TGC brought me here
@dexterspeights3484 Жыл бұрын
A big con on investors by corporations on the stock market!
@ThatOtherRaccoon4 жыл бұрын
Ahhh...AIG..I remember you well..made about $10k on that one.