'A low stock price, particularly in a well-established company, is often a sign of financial trouble. A reverse stock split by itself will not save the company, but it is often an indication that the management is taking steps to reverse the slide and turn things around.'
Could be a good thing. Obvious a lot of risk/reward here. Im one of those that believe its to get out of the gutter.
Either way $1000 gets 10 million more b4 split. Assuming my orders get filled. Depending on news ill move my orders up.
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