January 16, 2007 at 10:18 pm
#722880
Inactive
antoine wrote:
This neteller thing sucks but it’s not entirely unexpected.
Regarding nortel a couple of weeks ago they did a share split. Basically for every 10 shares you had they gave you 1 back and the amount per share went up in value by 10. So basically it’s still hovering around the $3 range had the shares never split.
I was also pretty lucky with this company. I saw them trading at below a dollar and then sold them at over $3 a couple of months later.
That’s called a reverse split and means the company was in jeopardy of being delisted. That’s not a good sign. I new that turn around had to be to good to be true.