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Now lets say it goes down the next year from $5.00 down to .50 again and reverse splits again 1 for 10. Now your $10,000 is down to $5.00. But it ain't over yet. More it gets pumped and crashes and reverse splits. Eventuality in years your $10,000 will be worth pennies if that.
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Lets say you buy 1000 shares of XXX at $10.00 and you never sell. Then it drops from $10. to .50 and then reverses 1 for 10. Now instead of 1000 shares you have 100 shares at $5.00. Now the stock drops to .50 again. Then reverse splits 1 for 10. Now you have 10 shares at $5.00 twitter.com/MasterBJones/s…
Add in the ability to easily promise things are coming online and a name that you grew up with in your childhood. Icing on top the man. My advice. Follow someone for at least 6 months and watch their trades before you follow the advice.
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You might even learn they are a pump and dump but at least you figured out their game without being taken advantage of and potentially make something. Couple lost opportunities while learning can set you up for great opportunities later.
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