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Community


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Online Share Trading

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2200% up ?!?

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Contributor
Whats going on here. 2 trades gone through @R8 ish. But I tried to place a sell order and it failed. Anyone know why it won't let me sell?
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8 REPLIES 8
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Valued Contributor
20:1 consolidation
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Contributor
Don't understand why SBK OST stopped us from trading but I can still see trades going through. Bought a whole lot at 600c though
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Contributor
Oh ok makes sense, forgot about that. But they didn't chance the amount of shares held in your portfolio yet.
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Contributor
Oh ok makes sense, forgot about that. But they didn't change the amount of shares held in your portfolio yet.
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Frequent Contributor
STB shows share is up +1816.22% after concilidation. That fact is that share is down by more 10%
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Super Contributor
Good companies split shares, bad companies consolidate shares. Maybe a bit of a gross generalization, but generally good growing companies don't need to consolidate their shares to make it more tradable.
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Valued Contributor
don't think it a generalisation at all (only exception in last many years is SPG?) .. thinks it spot on .. short version, buy those doing a split sell those consoidating
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Super Contributor
Dreaded camel vomit pattern - Gold http://prntscr.com/52lfex
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