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Bobinsd

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Bobinsd

Re: cjstocksup post# 61883

Saturday, 07/09/2016 11:58:07 PM

Saturday, July 09, 2016 11:58:07 PM

Post# of 235130
That's BS. An RS is often used to graduate a stock to a new level of acceptance by a larger crowd of investors.

In addition....

A secondary benefit of a reverse split is that by reducing the shares outstanding and share float, the stock becomes harder to borrow, making it difficult for short sellers to short the stock. The limited liquidity may also widen the bid-ask spread, which in turn deters trading and short selling.

Read more: Reverse Stock Split Definition | Investopedia http://www.investopedia.com/terms/r/reversesplit.asp#ixzz4DyVz9reZ
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Volume:
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  • 5Y
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