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Post# of 796372
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Louie_Louie

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Louie_Louie

Re: Golfbum22 post# 603949

Sunday, 04/12/2020 10:30:05 PM

Sunday, April 12, 2020 10:30:05 PM

Post# of 796372
Reverse splits are usually done by companies who can not afford to buy back outstanding shares also. This is why when companies announce share buy backs the stock price goes up because the market looks at this as a bullish confidence move on the companies (BOD) part.
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