LogFAQs > #940502922

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, Database 6 ( 01.01.2020-07.18.2020 ), DB7, DB8, DB9, DB10, DB11, DB12, Clear

Topic List	Page List: 1
Topic	Stock Topic 6
red sox 777 06/11/20 1:28:05 PM #152:	barreldragon88 posted... So XSPA did a 1-3 reverse split and I know nothing about splits. I'm supposed to be getting a notification from the company's transfer agent, but I haven't received anything and not sure if it's coming in the form of an email. So once the transfer is over, I will be able to do whatever with the shares that I have? It doesn't really change anything for you. It just means that 3 shares will now be 1 share, at 3x the price. They're probably doing it because they think investors get scared at seeing very low stock prices. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! <cite>red sox 777 posted [p:940502922] in Stock Topi... [t:78760200]...</cite> <quote>barreldragon88 posted... </cite> <quote>So XSPA did a 1-3 reverse split and I know nothing about splits. I'm supposed to be getting a notification from the company's transfer agent, but I haven't received anything and not sure if it's coming in the form of an email. So once the transfer is over, I will be able to do whatever with the shares that I have?</quote> It doesn't really change anything for you. It just means that 3 shares will now be 1 share, at 3x the price. They're probably doing it because they think investors get scared at seeing very low stock prices. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest!</quote> ... Copied to Clipboard!
Topic List	Page List: 1