Tuesday, May 16, 2017 12:55:11 AM
An RS can be used to restructure SS, as I have suggested here, and can be used to uplist, when a specific stock price is required. Neither of those is harmful to investors.
Do your DD on stocks before you buy in. If they have huge reverse splits, with subsequent dilutions, you may want to pass on them. But I'm not talking about 1 for 2500 splits - I'm talking about 1 for 4 or 5, which would permit dropping the AS from 4B to 1B, still huge, but better than 4B. With zero effect on stockholders, except for the idiots that sell because of the scare words 'reverse split'.
Some states tax on the unsold AS shares, so there is a good reason for it to be as small as practical.
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