Wednesday, November 25, 2009

EVFL - Shareholders Get Shafted Via Reverse Split - Just As The Guru Has Been Saying All Along






EVFL kicked shareholders right in the back today, and most of them never heard it coming... unless they've been listening to the guru the last few months. EVFL just snuck a 600-1 reverse split through the system just in time for the holiday's!

Happy Thanksgiving EVFL, I mean, EVFN, shareholders. Your reward for having the nuts to buy a stock with 100 trillion authorized shares is a reverse split that effectively wipes out your investment, or what little you had left of it, seeing how there was no bid to sell to.

If you don't think I'm right, your going to have to wait to get your new shares. By the time you get them the stock will be much lower than its post 600-1 price. You might want to save selling the stock as the commission cost with your broker just might be more than the few dollars you are able to salvage liquidating your position.

Next time you EVFL/EVFN bagholders might want to listen to the Guru instead of ridiculing him and calling him wrong. Once again I'm right.

For those of you new to the Guru type EVFL in the search box to the right. You will see what I've been saying all along about EVFL/EVFN.

Happy Turkey Day.

2 comments:

Anonymous said...

major ownage!

Anonymous said...

Only way people learn sometimes. And people who lose money tend to pass the blame instead of taking ownership of their mistakes