Viveve Medical Inc. (VIVE)

[THREE-DAY-TRADER]

Market does not seem to mind about the July 23 news filing from the company shareholder meeting of a Pre-Authorization of a Reverse Split to be eventually enacted & determined at a later date by the board of directors. Seems safe in the short term to trade (as long as they don't officially announce detailed terms of a set Rev Split).
$VIVE still early in it's first NASDAQ probation warning period for being under 1.00, so odds are decent they'll wait a while before determining a Rev Split, allowing opportunity to trade it beforehand.

Anyhow, we'll see yet what happens in near future. It's still showing good support lately since the mid-upper .50's

https://stockcharts.com/c-sc/sc?s=VIVE&p=D&yr=0&mn=5&dy=15&i=p50228171813&r=1594085480570