So Mast Therepeudics (MSTX) and Savara Inc. (SVRA) have gone through a merger and when I saw my Robinhood account earlier today my 45 shares of MSTX were frozen (couldn't buy or sell) and then they turned int SVRA which was great BUT NOW IT'S ALL GONE WHAT THE FUCK?!
Can some explain to me what the hell happened?
>>2019116
Did you at least have 70 shares?
>>2019126
No only 45, but why would my shares just dissolve like that?
>>2019135
You'll get a cash payout
>>2019136
I hope so, I went in at $.13 and the stock is trading around $8. Now it's a waitkng game I guess, but I don't know how long Robinhood takes to pay out for a move like this. Thanks I appreciate the info.
>>2019148
Look up what a reverse stock split is and become more educated
>>2019204
I clearly have a lot more I need to reserch and learn, and also to undersand how Robinhood works as well because they pace things out so oddly.
>>2019233
There are many ways to make and lose money in the market so never stop learning.
In this situation Mast did a 70 to 1 split when they got bought. Look up what that means to you.
>>2019248
*Reverse
>>2019248
Looks like for my 45 shares Ill get like $6.11 for my MSTX. So much for the $360 payday I was hoping for haha. Well you live and you learn.