Saturday, December 10, 2016 1:13:44 PM
With all due respect, you cannot bring R/S for uplisting into this conversation. That is a completely different circumstance. After reverse splits for uplisting of course the stocks go up because now institutions can get in. R/S for trying to stay listed are catastrophic and always collapse the share price. Let's say they do a 1:10 reverse to get the price to $6. Your 100k shares just became 10k. The price will decline on top of that quite a bit because no new institutions are getting into a stock that just had to reverse split to stay listed and many retail will be scared away. Now institutions already holding are looking at it again to make sure they still should because they are clearly getting fundamentally weak.
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