CLST Holdings Inc (CLHI)

[Renegades17]

One would think they are somewhat rational




Any sane person would look at the stock price reaction and realize what they proposed was wrong. I just can't fathom a rational management team ignoring the market's verdict. The market reaction isn't always right, but when it's wrong it's usually when there's significant information asymmetry (ie. with an acquisition). Reverse splits have been proven to be disastrous for shareholders repeatedly, particularly ones this large and before all relevant information has been released.

Preaching to the choir I know. Just thought I'd reiterate this view in case the moderator is reading this board. Maybe mikec can follow up with the moderator since he seems to have a good relationship:)