It is horrible. I got 500 shares around $1-$2 per share before reverse-split 1 for 5 around 2011 I think. After the reverse split the stock when down to $0.70 cents and I have only 100 shares left. Now if another reverse split 1 for 10 and if the price drop to $1.00, I would have 10 shares left for a net value of $10. I feel like I just been robbed and knicked out of NBG. The two reverse splits is like 5x10 = 1 for 50.
I don't have too many shares. I bough 500 shares long ago at $1-$2/share. reverse-split 1-5. got. 100 shares left. The price went to 70 or 80 cents/share again. Lost all my money. At a $1, I bought 175 shares. It went to $2. Still down 20-30% over all. I thought I was lucky and might get my money back.
No. So sold out today. another reverse-split and price the stock are 55 cents per share. What is this? Robbery again?
This is what the sharks are waiting for. Did you watch the movie Enron?
The sharks pushed the price higher when people got out until they got back in then the sharks got out. The small fish left with a piece of toilet paper.