Anyone have Vanishing Stocks?
I must admit first, i do fully understand leveraged stock, and a few months ago i bought 1 share of BOIL, pro shares ultra Bloomberg natural gas, at $6.75 honestly just because i had $7 and thought it was interesting.
however, i no longer have that share in BOIL, and its 52 week low was $45, never going near $6.75. i saw it was $71 today and thought i made like $65, nothing crazy, just thought it was pretty cool. but i am left very confused instead.
i apologise in advance for any ignorance on my part, as it is very possible i misunderstood what i was purchasing. and i appreciate any insight shared. $ProShares Ultra Bloomberg Natural Gas(BOIL.US$
however, i no longer have that share in BOIL, and its 52 week low was $45, never going near $6.75. i saw it was $71 today and thought i made like $65, nothing crazy, just thought it was pretty cool. but i am left very confused instead.
i apologise in advance for any ignorance on my part, as it is very possible i misunderstood what i was purchasing. and i appreciate any insight shared. $ProShares Ultra Bloomberg Natural Gas(BOIL.US$
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Concord1 : there has been reverse split 20:1 on this share. You probably have an odd share now.
MCL CAPITAL : $7 divided by $73 (current price) of 9.5 percent,
It's impossible to make a deal. My experience is that the exchange will refund it in cash, so you can call the hotline to inquire.
BabaNana5 : same here bo. I had $3 in there too. Went to sell it at $70 and now its bought me 2 short sells? I'm abit confused aswell because this isnt what usually happens when I sell my stocks...
BabaNana5 : i meant I had 2 stocks and sold them
EbelSkibberAngel : I had 18 shares the day before the reverse 20 to 1 stock split, and I thought that they would be sold off as Moomoo does not have fractional shares. I am still waiting for the cash to go into my account. I contacted customer service, and this was the response, so I will wait a few more days to see.....
"Thank you for reaching out. If the listed company has a stock split/reverse stock split, our clients do not need to do anything.
After the stock split/reverse stock split is completed and starts to trade, our clients can start to trade, too. However, the processing time is influenced by the counterparties' processing time, please refer to the actual completion time.
You can check it later via App--Accounts--All functions--Funds details, thanks.
Thank you,
Moomoo Financial CS Team"
Mizo : Same bro I had bought 3 stocks at $3.73 once it shot up my stocks are were gone
EbelSkibberAngel EbelSkibberAngel: UPDATE - Today, I have received the cash back into my account for my odd lot of shares from the reverse stock split.