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Re: Stockguru911 post# 48901

Monday, 03/08/2021 7:11:41 AM

Monday, March 08, 2021 7:11:41 AM

Post# of 54416
Yep it's unfortunate. Sadly even with an up list for ASTI(which is awesome) there will be people that will have a knee jerk reaction seeing their shares being reduced and hearing "reverse split". The value won't change but them alone seeing the share reduction will have them upset thinking something nefarious is happening and they will sell their lot not knowing any better. Reverse Splits is such a dirty word in the market most just automatically assume a rs is bad without much thought.

Those same people will cry pump and dump, scam etc. after an rs even though the share price will go up right in front of them. Their ignorance is what will cost them once an rs happens. We want ASTI to reverse split. A buy back would be best but is not likely. So an rs is the next logical step once the pps gets to a higher price and is showing strong support for that price.
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