This board is dedicated to tracking all reverse splits that happen on main exchanges. The reason being, if you're a trader of longer than a few years, you know the history of these being major runners. I'm mostly interested in biotech as these move mostly on hype, thus are more easily traded, than something that requires revenue, etc.
As always = Becareful on the R/S -- The point of the board is to know which symbols have been split and hopefully to get a feel for the symbol before it runs. It makes all the difference in the world when you're playing them.. I find that familiarity increases my odds of success.
A R/S doesn't mean buy. No point in taking losses on these - they are extremely volatile. I usually just flip them - but that's just me. Play off bids.. makes the play safer.. Spreads are usually wide. Not all of them will pull a CBMX. Some don't do anything except trend lower for weeks and weeks, eventually it may run. Not all go out of the gate like ROSG and CBMX have.
-- Just want to make sure any new traders aren't losing their butt on these plays. Once again, a R/S post does not mean to buy it - it means watch it, familiarize yourself with it - know it for later. These symbols will form very clean momentum patterns. Pennants, triangles.. they're sick.