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Re: saxonia40271 post# 21473

Friday, 01/15/2021 1:49:40 PM

Friday, January 15, 2021 1:49:40 PM

Post# of 63082
<< A RS has to wait, until the stock is much higher >>

Huh???

No it doesn't.

The entire purpose of a reverse split is to raise the price (which alternatively reduces the amount of shares).

For example, if they do a reverse split of 10,000:1, the share price will go from .0001 to $1. But then (of course) the share price will most probably drop because shareholders will then start a major selloff.
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