Synaptogenix Inc (SNPX)

[SF Wolf]

Looking ahead a forward split of the stock will be imperative if we get good Ph2b study results. The float is still probably 3 million shares or so. Miniscule!

I doubt many of the outstanding warrants have been exercised prior to the news release. If the news is negative the warrants will be worthless. If you were holding for the news why pay up just to have the shares in your account. Of course, some have been exercised for sale or to sell on the news.

A forward split will increase liquidity. That will allow Funds to take a position and with the Russell Indexes due for rebalancing give the Market Makers inventory to work with. I am not sure Neurotrope would qualify for the Russell indexes with such a small float.

Retail investors also will be more likely to invest if the stock price does not appear to be stratospheric. Good optics are important for small investors.

As someone posted, a 10 to 1 forward split would be welcome.