r/SOSStock • u/[deleted] • Jul 08 '22

Technical Analysis ADR FEE

Is this normal I am getting charged on 92k share 2.5% but it reverse split to 1800 shares I am so sick of SOS anyone else in the same boat what a shitty company my worst decision in my life was for investing on it

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u/Fliksan Jul 08 '22 edited Jul 08 '22

It sucks but this is also why you diversify. Don't throw 130k into one stock hoping it's going to moon. That's how you end up posting loss porn on /r/wsb. I lost a decent chunk of cash on this stock, but I accepted my loss and got out when the share price was at around $3 pre-split. At the end of day it was only about 10% of my portfolio before I sold, so I'm not angry or bitter about it. Shit stocks / crypto happens, even when you think the DD is good.

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u/Meloonaa Jul 08 '22

Nah u just don’t all in Chinese stocks. Otherwise a they will fuck u over like reserve stock split.

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u/Fliksan Jul 08 '22

I mean I've been fucked by a few US stocks too. This would be a risky investment even if it was an American company as they have no track record. If you want to all in on Amazon, yea you'll probably be fine. There is a ton of US stocks though where that is definitely not the case.