Can USA SEC or FTC please step in and stop some London Investment house stealing 2% of AP's investment in Glaxo GSK.

Archimedes Plutonium<plutonium....@gmail.com>
2:56 PM (3 hours ago)
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More AT&T //#707 Optimal Strategy of Playing the StockMarket via VonNeumann Game Theory.



I could not pass up on a bargain of $18.27 for AT&T on friday 22, July. But did have a few spare change of excess cash. So bought 20 more of AT&T at 18.27.



More AT&T //#707 Optimal Strategy of Playing the StockMarket via VonNeumann Game Theory.

PORTFOLIO of PAF of 22July2022

T 35,490 AT&T

GSK 700

VZ 100

Discovery 8100

__________

44,390



Total share-wealth-units last reported which was 27May2022 was 44,370.

And total share-wealth-units today is 44,390, and today is 22July2022.

With a tiny bit of excess cash, bought 20 more shares of AT&T at 18.27.

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Archimedes Plutonium<plutonium....@gmail.com>
3:35 PM (2 hours ago)
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Disgusting GSK reverse stock split// #708 Optimal Strategy of Playing the StockMarket via VonNeumann Game Theory.


I just now have learned of GSK reverse stock split of ratio 4 to 5, which went into effect on friday 22July2022.

As you can imagine-- expecting to see 700 shares all of a sudden become 560 shares and a new share company of HLN be 700 shares.

So my first reaction was disgust. Who does, or why do, a reverse stock split?? I cannot imagine a reverse stock split ever benefiting share holders. I suppose the reverse was done just so the CEO of GSK is better off more secure in her job, at the
expense of shareholders. In my mind, the rightful move would have been 700 of HLN with 700GSK in tact. No, I am now reduced from 700 GSK to that of 560 GSK. In my mind that is a stealing of 140 GSK from AP. Who in the world does a reverse stock split,
except a company who is in some form of trouble, and has their heads screwed on backwards. A company that is successful would have given me my original 700 GSK plus 700 HLN, or even just 560HLN so long as my 700 GSK remained in place.

AT&T recently had a company wide overhaul, but when all was said and done, I had my original AT&T shares plus the new company shares. Comparing that to Glaxo, for Glaxo screwed AP who had 700 GSK before and afterwards has but 560 GSK, a stealing of 140
shares.

My portfolio is now.


PORTFOLIO of PAF of 22July2022
T 35,490 AT&T
GSK 560
HLN 700
VZ 100
Discovery 8100
__________
44,950
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Archimedes Plutonium<plutonium....@gmail.com>
4:53 PM (1 hour ago)
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Sorry, this is getting to be more and more complicated with each passing hour.

--- quoting from GSK website ---
GSK (GSK) has 2 splits in our GSK stock split history database. The first split for GSK took place on July 19, 2022. This was a 8 for 10 reverse split, meaning for each 10 shares of GSK owned pre-split, the shareholder now owned 8 shares. For example, a
1000 share position pre-split, became a 800 share position following the split. GSK's second split took place on July 22, 2022. This was a 1226 for 1000 split, meaning for each 1000 shares of GSK owned pre-split, the shareholder now owned 1226 shares.
For example, a 800 share position pre-split, became a 980.8 share position following the split.
When a company such as GSK splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced
stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, t