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Monday, February 04, 2019 4:16:03 PM
Every investor has a decision to make based on the available information. The same people hijacked $ANSI AS Capital Inc. (which had a better share structure) and it was reverse split.
There is the possibility that $REEI Ree International will not be reverse split.
There are also those who believe that they can monitor the FINRA Daily list or Nevada SOS in hopes of getting the jump on other investors and exiting before the others if a reverse split is announced.
The dark side to this is that $REEI is so thinly traded that even if one does get the jump on other investors on the Reverse split announcement it does not guarantee they will be able to exit without incurring a tremendous loss.
The risk versus reward here is lopsided. The facts are suggesting a reverse split will happen.
Smart traders will watch this one from the side lines or with a very minimal stake.
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