David Lazar's OTC SPAC's/CUSTODIAN Plays

[lumpy9200]

The sick thing about these R/S is the fact it is completely unnecessary. It is destructive and unnecessary imo

I agree with you, and it's the one thing that maybe HAS changed recently vs the past (not that I've been doing this for all that long). Some of these reverse splits, like IDAD, are happening when there's already an incredible share structure. I would have thought that with such a low float and low O/S, the new owners wouldn't have done an R/S. But if it's going to start happening more and more...regardless of how good the share structure already is...then it does change the game. Profit taking will need to happen much earlier, more often, and with selling larger amounts of shares than before. No one will hold a lot anymore after a nice run, so there will likely be more selling pressure than ever before. I dont mean to be overdramatic, but I do think this could mark a significant change going forward. Just my opinion, as always...