The PPS is down Because they announced their plans for a reverse split.Reverse splits in pinkieland is like stealing from the investors on broad daylight. Its is like giving MMs and retailers free meals. Shorters make profits by buying high and selling low, .As soon as the company announced a reverse split, regular investors in POFG knew they will be losing 80 shares for every 1 share they owned. On the other hand, mergers are good in pinkiland.
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