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Saturday, August 20, 2016 9:06:51 PM
So without getting bogged down in a discussion of who thinks what about reverse splits, it is an inarguable fact that this company's share price is significantly lower than it was at the time of its last reverse split, about 5 years ago. That's not to say that the reverse split caused the share price to fall. It is fair to say, however, that companies that undergo reverse splits do so because their operations have not created the reaction in the market that would move the share price to where the company wants to see it. It is also fair to say that a reverse split SHOULD make the share price itself a more marketable one.
Agreed, without reservation.
The next reverse split is likely to be made for the same reasons. Exchange listing, yadda yadda yadda
Agree with this too, except for the "bad. bad, bad"
The next reverse split is likely to be made for the same reasons. Exchange listing, yadda yadda yadda......bad, bad, bad.
I honestly don't understand. I won't badger you with some lame attempt to change your mind. But I'm genuinely interested in ".... bad, bad, bad.".
Why? Not a combative why, a request to better understand.
P.S. Just noticed my note had "bad, bad, bad" in it too. Not sure how that relates.
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