News Focus
News Focus
Followers 8
Posts 1406
Boards Moderated 0
Alias Born 06/22/2006

Re: SPM555 post# 47026

Tuesday, 02/02/2016 4:14:36 PM

Tuesday, February 02, 2016 4:14:36 PM

Post# of 63744
Seems we've had the same experiences .. because I never was in a stock that reversed-split and it didn't tank afterwards. People say .. the market cap doesn't change .. true .. but it does when it tanks subsequent to a reverse split to desperately stay on an exchange.

The only thing I would say where a reverse split would be beneficial is to get the dollar pps value over a specific price for funds to buy. Many of these investment houses have charters, which don't allow a purchase if the stock pps is under a specific dollar price.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today