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Started By
Message
Citi up 876.99%
Posted on 5/9/11 at 8:51 pm
Posted on 5/9/11 at 8:51 pm
4
Posted on 5/9/11 at 8:56 pm to LSU6262
what did I miss?
Posted on 5/9/11 at 9:02 pm to LSU6262
No one made money on this crap today (ok maybe some shorties, but that's it).
It was a 10:1 reverse split and it was actually down for the day.
It was a 10:1 reverse split and it was actually down for the day.
Posted on 5/9/11 at 9:07 pm to GaryOwen
If you own it, you'll be screwed on dividends.C before the reverse made up A LOT of volume on the exchange too. Be interesting to see how volume levels post.
Posted on 5/9/11 at 9:14 pm to Blakely Bimbo
Own a small, and I do mean small amount of it. I was interested to see if it would bounce after the split.
Posted on 5/9/11 at 9:28 pm to I Love Bama
failure on Citi, IMO. I'm curious to see what the stock will do now
Posted on 5/10/11 at 12:46 am to LSU6262
I wish I had bought more when I did. After the reverse split I only have 1.8 shares.
Posted on 5/10/11 at 7:44 am to LSU6262
quote:
Citi up 876.99%
LINK
anyone here make some money off of C?
I love MT rookies!
ETA: Bless their heart....
This post was edited on 5/10/11 at 7:45 am
Posted on 5/10/11 at 8:43 am to LSURussian
Russian that's how they learn. We all started out somewhere and my somewhere cost me a lot of money.
Posted on 5/10/11 at 8:53 am to GoldenBoy
Hate to be the one to break it to you, but after the split you only have 1 share. My understanding is they didn't do partial shares. Your 8/10 of a share should have got refunded to you in cash.
Posted on 5/10/11 at 8:56 am to GoldenBoy
quote:
After the reverse split I only have 1.8 shares.
Actually, you have 1 share!
They distributed cash rather than issuing partial shares.
Posted on 5/10/11 at 11:49 am to GaryOwen
In my Sharebuilder account it is showing up as 1.8 shares.
Posted on 5/10/11 at 12:32 pm to GoldenBoy
quote:
In my Sharebuilder account it is showing up as 1.8 shares.
quote:
10:1 reverse split
They should rename that account.
Posted on 5/10/11 at 7:27 pm to Dusty Bottoms
quote:
Actually, you have 1 share! They distributed cash rather than issuing partial shares.
I have a friend with a sharebuilder account and for some reason he doesn't directly buy shares, but rather invests an amount in a stock and then it denotes a partial share amount. So if he wanted Berkshire Hathaway, he wouldn't have to cough up the whole amount, but instead could just throw in $1000.00.
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