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Re: None

Friday, 12/29/2017 12:47:21 AM

Friday, December 29, 2017 12:47:21 AM

Post# of 49370

Word on the street is a reverse split would be very very good for shareholders. I think it may be permissible and legal to r/s a revoked stock.
I don't see the logic, but what the heck, why not?



Word on the street is when HJOE trades again the opening PPS will open 20 to 50 times higher than it last traded at without a RS. Any short positions will be forced to immediately cover those positions. Even a mere $10k short position will cost $hundreds of thousands to cover. Margin calls for such positions are actually a courtesy and should not be expected. Along with the immediate forced covering of short positions when HJOE trades again there will be a lot of buying interest from new investors at the same time.

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