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Re: scoop9 post# 35545

Saturday, 08/20/2016 4:31:51 PM

Saturday, August 20, 2016 4:31:51 PM

Post# of 97093
A simple google search on reverse splits

I entered: are reverse splits bad for shareholders

Here was the first hit:

http://finance.zacks.com/reverse-stock-split-good-bad-2298.html

"I dare you to make a case that they have been good for shareholders."

I accept you're dare - sort of. I never claimed that reverse spits are inherently good for shareholders, I claimed that they are irrelevant - neither good nor bad. Your losses are genuine, but they have nothing to do with the reverse stock split itself. It's fair to complain about the causes of you loss, but not to complain about things that were merely correlated with your loss.