Loading ...Boil, I bought a little last year, and the suddenly did a reverse split. Luckily it was moving up and luckily I was able to sell it for a little more that I bought it for cuz it kept heading down like I figured it would after that price change. Watch the seasonal patterns but I guess that depends if your accumulating or not and believe it’s too cheap. Too cheap is food. Why is something affordable, especially for those living in the north too cheap. Maybe it’s just some guy sitting behind a computer somewhere on a island in the Caribbean who doesn’t have to worry about their gas bill.
Maybe about 7 or so yrs back I had a traveling nurse friend from Wisconsin here her youngest son married and they had a baby. He rented a probably half ass insulated barn. Great he’s in the country, probably had great plans but not to far from city until winter hit. He calls his mom for help. The gas bills were more that he could keep up with. Meanwhile the mom took early retirement and limiting her hours or would have to pay it back and trying to save as much as she could while she could but now had to worry about her infant grandson freezing to death.
With utilities like oil predicted to go up in the future to some ridiculous amount people better prepare now. When the time comes having cash on hand to buy the stocks might help take the bite off the bills maybe.
But if they did a reverse split before, will they do it again. Check the stock through Edgar what ever regularly for that.