Making free money via Reverse Stock Splits (Guide)
Thanks breh, I got in on this one
No problem. @Responsible Allen Iverson @Xyrax
One more HCDI which is on the Nasdaq (Harbor Custom Development, Inc, $0.47) is doing a 1:20 Reverse Split Tonight.
P.S. you can always catch these on the after market as well if you miss them before 3:00 pm EST.
@Responsible Allen Iverson and @Xyrax
KLR which is on the NYSE (Kaleyra, Inc) is doing a 1:3.5 (i.e. 2:7) Reverse Split on March 8 after market close. So just buy one stock before the March 8th market close.
KLR which is on the NYSE (Kaleyra, Inc) is doing a 1:3.5 (i.e. 2:7) Reverse Split on March 8 after market close. So just buy one stock before the March 8th market close.
Dapped and repped for putting the thread on your back homie.
Dapped and repped for putting the thread on your back homie.
Glad I could help breh! Like I say, ain't nothing like some free money.....so I want to spread the love to the folks out there.
how much of a pop are you expecting?
Not sure. But on most of these its anywhere from $1 to $7. per account. The key is you must only buy the stock 0n 3 accounts per brokerage.
You go over 3 account and they will not do the reverse split. So if you got for example fidelity and vanguard. You buy the stock on 3 accounts on Fidelity and 3 accounts on Vanguard. Any more than three accounts and they gonna shut you down or stop you from buying the splits. Or worse charge large fees stopping anyone from doing the reverse splits.
For clarity 3 accounts are the accounts that you have under your name (user name and password) for one brokerage company.
El_Mero_Mero
All Star
Just found this thread and read through it. Appreciate all who contributed to it. I'm not big on Twitter, and it's true that the-coli doesn't always get notifications right on time, but hopefully I can participate in the next one. I have 3-4 accounts spread over 3 brokerages that I can try this on.
Question, there was a tweet on the first page of this thread where the guy said to buy 4 shares. Does that mean that the ideal play in that instance would have been to purchase 12 from that one brokerage (12 divided over 3 different accounts)?
Question, there was a tweet on the first page of this thread where the guy said to buy 4 shares. Does that mean that the ideal play in that instance would have been to purchase 12 from that one brokerage (12 divided over 3 different accounts)?
Yes in that instance it would be 12 (or 4 each in each account).
Depends on the stock and what dude says. Each stock is different...some can be one share, some can be 4 shares, some can be a percentage of a share and some can be even 100 shares as mentioned each stock is different and it depends on what dude tells you.
But the key is whatever stock it is and whatever dude tells you.......you must not buy on more than 3 accounts on any brokerage or they will catch on and possibly kill your account or stop any reverse splitting of the stocks.