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Re: newbie17z post# 34966

Friday, 02/13/2015 2:19:55 PM

Friday, February 13, 2015 2:19:55 PM

Post# of 63559
it depends why you do a R/S

if a company does a R/S to keep from delisting and get the share price above a dollar then that's a bearish signal and will most likely drop after R/S

but if the company is doing a R/S to uplist from the otc to the nasdaq that's a bullish signal and will likely increase in price

remember there are institutions that cannot currently invest in SLDT because its on the otc and will be jumping on after the uplist

after a 40/1 R/S the company will only have around 9 million outstanding shares and a float of about 6 million there will be high demand for those shares and I believe PR's that will force a sharp move up