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Monday, January 23, 2017 3:21:45 PM
Put that idea out of your head at this point in time.
Just look for a short term capitulation point in near future in which to swing trade this based upon primarily oversold technicals.
If this sustains below 1.00 for 30 trading days, then it will only get its first NASDAQ minimum bid warning a week or two after that point. Then it has 6 months probation for more safe time to trade it with low risk of a rev split becoming a news factor until the 2nd period of 6 month probation.
Once it would eventually get toward a 2nd 6 month probationary period, then you can start worrying about any rev split news from the company. So I would not even start to worry about rev split being an issue to impact your trading decisions for a long time (such as after perhaps September-November 2017, if this gets to be under 1.00 for 30+ days in February-April area, for example)
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