InvestorsHub Logo
Followers 37
Posts 1546
Boards Moderated 0
Alias Born 09/14/2012

Re: gm0007 post# 30148

Thursday, 05/29/2014 7:30:45 PM

Thursday, May 29, 2014 7:30:45 PM

Post# of 54103
Not a veteran trader but I can say the typical reason in the otc to reverse split is the ability to increase the A/S again. Or atleast that is the stigma. Hard to find one that r/s's and then goes up afterwards. If he brings it back to .o4 cents or so and they are doing awesome financially and he wants to r/s to get listed on the nasdaq. Then that is completely different. Don't think that is what everyone is concerned about.

This is my opinion and ONLY My opinion. Please verify with your own Due Diligence.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.