that depnds on the reason for the RS. Not saying its a good thing, but the reason factors in on the market reaction. For example, an OTC company doing a 100 to 1 is obviously a bad thing. But for example if Wave did a 3 to 1, yes it would take a bit of a beating, but if investors realizsed it was for the purpose of maitaining the listing it may not be precieved so badly.
Disclaimer: all my posts are my opinion
1,000,000 - 2,300,000 - 4,000,000
