Niocorp Developments Ltd (NB)

[Gary15]

Reverse Splits:

"Charles Kaplan, president of the investment consulting firm Equity Analytics, told Bankrate.com, "It is usually a very negative sign when a company reverse splits their stocks." But how the market reacts often depends on what else the company is doing to reverse its fortunes. If it simply declares the reverse split and goes on with business as usual, investors may see the split as nothing more than a smoke screen, and the price may go right back to falling as they sell their shares. But if the split is accompanied by serious changes in management, structure or strategy, investors may give the company more time to right the ship."

Zacks.com

Niocorp's management is fantastic...the strategy is well defined and working...and the ship is straight and right and is sailing into calm waters.

Reverse splits are nothing more than accounting gimmicks....Niocorp's "fortunes" don't need reversing...I hope a reverse split doesn't happen.