True-but I just watched Delcath do a reverse split only to get slammed the same day to a 30% loss. That was only a 16 to 1 RS.
Today with the announcement- WDAS is down 35%- what will happen after a 50-1 R split? What will keep the MM's and shorters from slamming this back down to 2 cents again?
It made more sense with a buyback and waiting on good news-this seems like an incredibly risky and unsound gamble. IMO
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