Last trade is $1.10–a month ago it was $18–5 days ago it was $8–last trade just now id $1.10
it had a 10 for one split and was $35 after the split…now $1.10…pretty brutal
So, had there been no split GUSH would have gone from a high of $42 to 11 cents today
at this price it’s a perpetual “call” option on the energy sector with no expiration
The risk?? I guess they could do a 20 for one split then it loses another 50%…who said trading was easy…anybody wanna step up to the plate and buy some fire sale merchandise at a 78% markdown??
what if crude drops another 5 or 10 bucks…??? If the Queen had cajones etc etc what if….??
Some people are so cheap they wouldn’t pay a dime to see Christ ride a bike….[snort!]