Liquidmetal Technologies Inc (LQMT)

[chipboarder]

Reverse splits....conventional wisdom says they are detrimental to long term stock price since it allows a higher price from which to fall. Soooo I’ve owned Aurora Cannabis (ACB) which just announced a 1/12 reverse split resulting in a new price of about $6...the stock fell for a day or two and took off like a ruptured duck. It’s gone to $18 in the last 3 days.

Since I think a reverse split is somewhere in our future, and I’m not particularly familiar with them the question becomes ....Are they always bad.? Especially if the move is part of a plan to become listed on the NASDAQ.

If LQMT goes to $0.50/share and effects a 1/10 reverse split it removes one hurdle to being listed.