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Re: Shapingthepresent post# 49991

Sunday, 12/30/2018 1:26:51 AM

Sunday, December 30, 2018 1:26:51 AM

Post# of 66043
It really doesn't effect company value but it looks like the company couldn't get out of the hole they dug themselves which is not a look that's ever in fashion,

It doesn't always mean death. Here's a list of companies it's worked for and some it hadn't.

https://www.google.com/amp/s/www.fool.com/amp/investing/general/2009/07/02/do-reverse-splits-ever-work.aspx

I was in a reverse split about 8 years ago and it ended up back in trips and hasn't had a pulse since. Still holding 30,000 shares I couldnt sell if I tried.

I'd prefer they bite the bullet and buy back. Though the longer they wait the more expensive it gets as the pod will surely continue moving up in early 2019.