Re: Acacia Research settlement with ATT and Reverse splits: LoLoAno:
in response to
by
posted on
Nov 15, 2007 10:39AM
In a reverse split of 10/1 if you own 1000 shares at .59. With the completion you would own 100 at 5.90., both = $590
If the stock went up $3 after TX, you would have $3.59 X 1000= $3,590 or $8.90 X 100= $890.
Do you see how you are being screwed?
Regards