I would say they should pack it in and get a real job, but most are way too dysfunctional. A kid stackin' cheese at B.K. would have better job skills.
He always goes away for a couple of months, but then he comes back to make the wrong calls and lose all his money again.
You'r hysterical attempts are equivalent to crying as your tactics are obvious and ham fisted. I have been taking your money all the way up from $5. What a chump you are.
Funny how republicans need to try and put even very complex things in the simplest of terms. Oh well, I guess you can't understand it any other way so here is a little hint: In this case, junior can share his earnings with his friends because he will still pass this thing called the stress test.
LOL. Ask the shareholders who lost all their equity who cares.
Here's a little hint:
Because a reverse split usually means a company is desperate, the stock price almost never climbs to an equivalent position afterwards. Just like what happened with C. THAT is why the shareholders at the time were so angry. They lost all their equity.
You're damn right he didn#$%$ because that moron's entire understanding of this stuff is completely theoretical and ignores what happens in the real world.
Hint: if they bought 10 thousand shares at $5, they paid 50k.
After the r/s, they only have 1 thousand shares, and at $48 per share (current value) YES THEY HAVE LOST MONEY. Why do you think the shareholders were so mad at the time. Jeez, talk about living in an alternate world.
Let's do some math, smart guy:
If you bought 10k shares at $5 then the reverse split reduced your shares to 1k, what does that make if the stock is currently around $48?
That makes you UNDERWATER.
"This[reverse stock split] wasn't done to engineer the stock price," Corbat said in response to shareholders. "It was done to reduce volatility and to get shareholders out of the stock who were using it as a trading vehicle." LOL. a "trading vehicle". Isn't that what a friggin' stock IS IN THE FIRST PLACE?
LOL. That's funny. Just ask anybody who was holding a bunch of shares at the time of that r/s how it worked out for them. While those who bought BAC at the same time are up considerably now.
It IS relevant. C threw their investors under the bus once with the r/s. They will undoubtedly find a way to do it again in the future.