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Re: None

Saturday, 06/27/2020 5:47:05 PM

Saturday, June 27, 2020 5:47:05 PM

Post# of 63646
Just my opinion:

Usually it is a very negative sign when a company does a reverse split.The market reaction depends on what else the company is doing to reverse the short comings of the company.

If it simply declares the reverse split and goes on with business as usual, investors may see the split as nothing more than a smoke screen, and the price may go right back to falling as they sell their shares. But if the split is followed by serious changes in management, structure or strategy, investors may give the company more time to right the ship(This doesn't look like the case with BLEG).

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