Can someone ELI5 what happened with a recent transaction in my portfolio.

Full disclosure, I am new to stocks. Have done some research and am starting with about $500 to put towards penny stocks. I am using Fidelity. Can someone explain to me what happened with a recent transaction based on this news:

Sphere 3D Completes 1-for-25 Reverse Stock Split

On 6-28-17, I purchased the following:

Symbol 84841L100 (ANY) Description SPHERE 3D CORP NEW COM NPV 1 FOR 25 R/S Shares + 100.000 Price 0.228 Amount -$27.75 Commission $4.95 Settlement Date 07/03/2017

On 7-12-2-17 this happened:

REVERSE SPLIT R/S TO 84841L209#REOR M0051065110000 SPHERE 3D CORP NEW COM NPV 1 FOR 25 R/S (84841L100) (Cash)Close Popup Symbol 84841L100 Description SPHERE 3D CORP NEW COM NPV 1 FOR 25 R/S Shares -100.000

AND

REVERSE SPLIT R/S FROM 84841L100#REOR M0051065110001 SPHERE 3D CORP NEW COM NPV(POST REV SPL (ANY) (Cash)Close Popup Symbol ANY Description SPHERE 3D CORP NEW COM NPV(POST REV SPL Shares + 4.000

This is what my position looks like now:

Last price: $2.910 -$0.06 Today’s Gain/Loss: -$0.24 -2.02% Total Gain/Loss: -$16.11 -58.05% Current Value: $11.64 Quantity: 4.000 Cost Basis: $6.94/Share $27.75

Thanks!

Submitted July 13, 2017 at 08:34AM by Jesseandtharippers
via http://ift.tt/2t72Dr3

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