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BesaoT35

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BesaoT35

Re: None

Wednesday, 07/17/2019 5:47:03 PM

Wednesday, July 17, 2019 5:47:03 PM

Post# of 4856
CUR went from 33 cents to 41 cents on news of a reverse stock split of 20 to 1. Usually that would make investors sell off a stock. It seems counterintuitive that the stock would go up 22% in anticipation of a reverse stock split. What am I missing?

With a price of $8 and 20x fewer shares perhaps an institutional investor can take an interest in CUR.
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