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Re: bull57 post# 45291

Friday, 01/18/2019 2:06:42 PM

Friday, January 18, 2019 2:06:42 PM

Post# of 76908
Reverse split fear

Sorry to some if I appear long winded. I don't know how to do otherwise lol, but hey call me a fool if this thing goes ballistic I won't mind!


Okay, I've seen terra tech TRTC and audioeye AEYE go reverse split. Initially, it was BAD for terra tech, it dropped another 30% after the reverse split. Audioeye, not so bad, but it traded hundreds of shares a day and there was no movement.

then late 2018 came and every stock tanked.

TRTC did it most likely the wrong way, to generate interest. AEYE made it very clear they were doing it to be Listed on the Nasdaq.

Now, My GUESS is that UBQU cannot get listed on the Nasdaq, or NYSE....but that might be the news.

if it happens, yeah all of us who are 90% down on their holdings thinking it can't be much worse, could see it be much worse.

of course, the ONLY smart reason Ballas would RS is to get listed. with listing, comes a press release. with that press release, might get you a news cast "first CBD penny to get listed on the NYSE"

that did very well long run for Canada pot aurora ACB, Canopy CGC and Hexo HYYDF.

Bull if you aren't in, dip a toe, spend 700 bux buy a million shares and wait. if we reverse split for LISTING, get ready to buy a ton more after the stock drops 50 percent....but ya know, it took only one interview on Cramer, just one REAL get-the-name-out-there....for Tilray to go from 60 bux a share to 300 then 150.