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Captain Obvious · 07-01-2021, 06:39 PM

Any smart people want to educate me/us on reverse splits?

I bought 166 shares of STAF @ 0.57 on a whim yesterday. When I checked today, I had a message saying they performed a 1 for 6 reverse split. Now I had 27 shares at 3.44.

I just looked and it's up 52% after hours and is sitting at $5.64. What a windfall, eh?

Is this typical of reverse splits? Seems odd to me, but I'll admit to being a major noob.

07-01-2021, 06:39 PM	#10371
Captain Obvious The Planet's Only Superhero Join Date: Sep 2002 Location: MO Casino cash: $8586472	Any smart people want to educate me/us on reverse splits? I bought 166 shares of STAF @ 0.57 on a whim yesterday. When I checked today, I had a message saying they performed a 1 for 6 reverse split. Now I had 27 shares at 3.44. I just looked and it's up 52% after hours and is sitting at $5.64. What a windfall, eh? Is this typical of reverse splits? Seems odd to me, but I'll admit to being a major noob.
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