NASDAQ premarket is up 1180%. We are in for a very exciting week. The shorts will be eaten alive.
Sentiment: Strong Buy
I'd love a reverse stock split because they never work and allows more stock to short. When they take price back above 5 it also allows the retail investor to get back in the short game. A reverse stock split is a longs worst dream to come true.
Sentiment: Strong Sell
LOL ... guys, guys, guys. He plays you like a violin. I don't know whether to pity you or hit him. He's obviously being sarcastic.
So, the stock price of $31.76 on Nasdaq (real-time quote) is correct? Will it open at these prices?
A reverse split is not good. This means ZNGA is in trouble. If it is 20 to 1 then yes the stock did go up 1180%, but you simply have less shares. The amount of money you have is the same.