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Re: edro post# 10392

Saturday, 10/19/2019 5:40:38 AM

Saturday, October 19, 2019 5:40:38 AM

Post# of 13669
Edro, look up the history of reverse splits

They NEVER benefit the current shareholders, and in the case of penny stocks this is probably 100% true.

Most recently, I recall TRTC (Terra-Tech) pulling the 'we want to list on Nasdaq' scam. After they did the reverse-split, the stock has gone from $8 to .28 cents.

There are very few exceptions. For example Priceline and Citibank. BUT, these situations happened at the bottom of epic macro market crashes (Priceline - Nasdaq bubble crash, Citi - Financial bubble crash).

I don't give a s&it if the excuse is to list on the 'Red Carpet, Imperial-Awesome, Utopia' stock exchange. If SRNA does a reverse-split, we all get screwed, and if you hold a fair amount of shares, you should be vehemently against it.
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