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Re: d0lphint0m post# 32314

Monday, 12/24/2018 3:11:40 AM

Monday, December 24, 2018 3:11:40 AM

Post# of 232917
They are bad when done with no catalysts. As I stated if they do one, 1 or 2 days before the BLA filing that's good. For instance, reverse split on a Monday, then the very next day release BLA filing news. That would work. However, a reverse stock split for no reason = bad. Get the drift now?

Example, Sarepta Therapeutics did a reverse stock split 1 to 2 days before releasing its phase 2 DMD results. The stock shot up to 12 the first day, then 24 the very next day.

It's all bout the context. if they time it with a BLA filing or partnership it's good to do a reverse split.
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