5 ms·

Reverse split doesn't screw employees, it just changes the math (10000 shares at $1/share is no better than 1000 shares at $10/share).

• jpdoctor 15y ago
  > Reverse split doesn't screw employees It absolutely screws the employees when the common is reverse split, but the preferred-to-common conversion factor remains the same.
  • paul 15y ago
    That's not how it works.
    • deleted 15y ago
      [deleted]