Cytodyn Inc (CYDY): In my experience listening to traders, m...

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Re: Inoviorulez post# 32542

Sunday, 12/30/2018 10:53:00 AM

Sunday, December 30, 2018 10:53:00 AM

In my experience listening to traders, market makers for a stock and its trading for 5 cents. Then the company does a 20 to 1 reverse split without a major financing.
The Market Maker will say"It was a 5 cent stock before and its till a 5 cent stock today" then shorts it down from a dollar to 5 cents.

Mathematically you are correct, but revere splits WITHOUT a major financing almost always goes straight down the toilet.

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