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5,633.91
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1.02%
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US TECH 100
20,109.60
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-0.04%
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ShawnP123

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ShawnP123

Re: stockinvestor56 post# 3200

Monday, 08/29/2016 9:05:44 AM

Monday, August 29, 2016 9:05:44 AM

Post# of 20617
Reverse split (8 times out of 10) is very negative and here's why:

MM's such as NITE and DLHY take advantage by shorting the stock like crazy to drive it down.

Fewer people will buy back at even a lower price

Most companies after a reverse split float more stock and this is what investors think about

Also, if there is no fantastic news afterwards, the stock gets hit even harder.
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