Aethlon Medical Inc (AEMD)

[hopester]

Cigs- Saving on an application fee is a poor reason for a reverse split like this one . Timing is ridiculous too.
First he needed to wait for solid fundamental news item which would have supported a stock rise. Would have brought in new investors and perhaps big ones.
Then split if he had to.
But obviously there is no news and so we see what is happening.
He's selling into it and raising cash.

Just look at how the market is reacting to this. It's down from a high of $15 to under $8. in 2 weeks w/o 1 up day to my recollection.
Next stop $6-$6.50.