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Re: CosmicMiami post# 15596

Sunday, 04/20/2014 11:17:02 AM

Sunday, April 20, 2014 11:17:02 AM

Post# of 81999
I couldn't disagree more. A reverse split in order to reduce O/S in order reduce volatility on trading or to uplist would be positive.

Also, sure the price per share will go up in a r/s, but the net worth of those shares would be the same as per split. No seasoned investor would sell based on the price per share alone. It is the market value that matters.

Anyone who knows anything about investing knows that.

If you have 10 shares worth $1 each, the market value is $10. If after a reverse split you have 5 shares worth $2 each, the market value is still $10.

Why would the above scenario drive anyone to sell. It makes no sense.
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