http://finance.yahoo.com/news/wdas-anno ... 00831.html
Here's the link to the specifics. Newlead holdings (NEWL) just did a 1-50 reverse split in may and made rediculous gains. What's your guy's opinions on WDAS doing a reverse split? Could be a potential for huge gains.
WDAS 1-50 reverse stock split
Moderator: Aitrus
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crondanet5
- Posts: 4330
- Joined: Tue Aug 19, 2008 8:51 pm
Re: WDAS 1-50 reverse stock split
Use nasdaq.com interactive chart to see past activity in that stock. I went out 2 years and found that last year about a week from now the stock dropped significantly and basically flatlined until this March. Now they've propped up the value by reverse splitting the stock. It will be interesting to see what it's price will be this July. If you decide to get in it I wish you the very best of luck and be sure to take along a life preserver. You might need it.
Re: WDAS 1-50 reverse stock split
I'd look into the company thoroughly. Look at their debt, earnings, and projected earnings. The chart looks scary. Kind of an interesting deal...
Fund Prices2024-04-17
| Fund | Price | Day | YTD |
| G | $18.19 | 0.01% | 1.25% |
| F | $18.68 | 0.50% | -2.85% |
| C | $78.62 | -0.58% | 5.72% |
| S | $76.27 | -0.89% | -1.07% |
| I | $40.66 | -0.17% | 1.19% |
| L2065 | $15.60 | -0.47% | 3.17% |
| L2060 | $15.60 | -0.47% | 3.18% |
| L2055 | $15.60 | -0.47% | 3.18% |
| L2050 | $31.39 | -0.35% | 2.57% |
| L2045 | $14.34 | -0.33% | 2.47% |
| L2040 | $52.43 | -0.31% | 2.41% |
| L2035 | $13.87 | -0.28% | 2.31% |
| L2030 | $46.25 | -0.25% | 2.24% |
| L2025 | $12.93 | -0.12% | 1.78% |
| Linc | $25.29 | -0.09% | 1.55% |