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Reverse split? Possible?
Nice upward move today!
Everyone relax! This stock went up nearly 300% in a little over a year. If you made that kind of investment on wallstreet, you’d be considered an oracle. Some people are taking profits. Let them. It has a potential for a takeover IMHO. Good luck to all with long legs!
Thanks again
I fast forwarded through the video until I saw Calvert.
Great interview. Great news! Thank you
Improving revenue YOY and new customers. This is going higher IMO. Good luck to all!
Awesome! I think…what does this mean?
It looks like it went down a couple of cents since closing. I’m sure some will be happy with selling at 2.00
I think I’ll wait and see if there’s a buyout or more positive news in the future. I can wait.
I agree! A takeover is not crazy. I’m surprised it hasn’t happened
Buy buy buy! I think it will still go
Up
Still time to jump in at these bargain prices in my opinion.
Feel bad for the shorters and people who jumped ship…not!
Every time I see news about Biolargo it’s always positive and they’ve had increasing revenue YOY. This stock is primed for launch in my opinion.
Love it! I caught that too! DOGE TO THE MOON! Hodl
I agree. Let’s go Biolargo! Do your thing!
New bill passed regarding clean water. Think this could be something that allows Biolargo to prove itself.
https://www.google.com/amp/s/www.nbcnews.com/news/amp/ncna1265896
https://www.nasdaq.com/market-activity/stocks/gern/short-interest
Could this have anything to do with it?
True, but companies tend to see reverse splits as an easy option. It’s easier than a stock buy back. They might never do it, but it’s an option companies like to have. Most small companies care more about their future investors than the investors who got them to this point. I’m not saying biolargo is like this, but just an observation that companies believe the end justifies the mean. Hopefully they never use the “ nuclear” option, but it’s a tool in their toolbox if they want the price to go up. Unfortunately, reverse splits do little to help small companies because it still doesn’t get them noticed or put on nasdaq. It just annoys their investors who wind up selling their remaining stocks and refusing to invest anymore funds in their stocks. Hopefully they don’t use this option. I think the company has great products, making more money YOY, and getting new contracts everyday. No need to use a reverse split in my humble opinion but we’ll see.
GLTA!
Companies tend to use reverse splits after they put out too many shares and dilute the stock. They believe that a recede split will make less shares available and make their company look more appealing to investors. In my opinion, it does very little to share price in the short term and usually just gives them the right to print more stocks and start the whole cycle again. Last year they voted to do a stock split and never did it. I think that they want it as an option but hopefully they won’t do it. We’ll have to wait and see. Good luck all. It’s a great company! Hope for best
I agree.
BLGO will be part of the solution instead of part of the problem. Win/win!
Don’t want to get political but the present political atmosphere is definite favorable to the products BLGO is selling. IMHO
This partnership will be great for BLGO IMHO.
Wow! Nice move upward today on higher volume! It’s getting noticed!
It went from 9.40 to almost 13 in
Two days. All my stocks should be so good. My first time buying warrants. Seems a little dangerous to buy unless you really know what you’re doing. Think I’ll stick to normal shares for now on. Bought this not realizing it was a warrant. Thank god for investor hub and it’s members for the help I got.
Great, thank you! I never bought warrants before and didn’t realize that’s what it was until after I bought it.
Ok thank you
I’ll check it out
Great! Thank you for the information. Much appreciated.
How did you k ow it expires In 2024?
Note that 30 days after the October 23rd merger close would be the earliest exercise date if the S-1 (i.e. registration statement) were effective. However, we caution that the S-1 was only filed with the SEC on November 12th and is subject to their potential review and ultimate approval. As such, the date might be later than 30 days post-close.
If the S-1 isn’t effective by 60 business days after closing, then warrants holders can do cashless exercises until it becomes effective.
This is what I was told by someone at the company.
Any help is appreciated !
I was told that warrants expire and if not sold or converted become worthless. Is that true?
Thank you
I’m chatting with them now
Much appreciated
Ok
I’ll look into it
Thank you for your help
Much appreciated!
Thank you for fast reply! Much appreciated! How would I convert to ride stock on etrade? Do I just sell it normally? I don’t see any other option on my computer screen.
Thank you for any input!
How do you convert from RIDEW to Ride? I bought RIDEW not knowing about RIDE. Should I convert? I bought RIDEW at $9.44 per share.
Thanks for any input
Much appreciated!
Hi all
Newby question of the day! I purchased RIDEW and then noticed the same company sells RIDE stock. What is the difference? Thanks for any help
Will do. I’ll post it when I know
Did anyone see the results of the boards vote regarding a reverse split? They voted on it but did not publish results of vote
Didn’t see anything
I’ll check later
Ty
Just thought they were supposed to have a board meeting today