Sunshine Biopharma Inc (SBFM)

[HoldWhatDoor]

That was my thinking, especially given that reverse splits carry a heavy connotation to many investors. Can the price jump where they want it to to get a low split ratio? I suppose it would have to depend on the news that drives it up (most likely will need some kind of news on the mice studies for the price to jump significantly). Regardless of an impending reverse split, I would imagine many investors would have some sell orders in for at least a portion of their shares in the .50-$1 price range.

I know I would at least take my initial investment back if we hit that price range, probably a bit of profit too. It's just good investment strategy, even if one believes it can go much higher. It's a rock and a hard place because we want the price as high as possible before the reverse split (hell, if it goes high enough we don't need the split), but it's very hard as an investor to sit on 400-900% gains (based on current price and the range of .50-$1 Rosen guessed at in his tweet) and not take some profits. We are then fighting the profit taking to push into and past those levels and the knowledge of the reverse split likelihood complicates things.

Like I said, it also depends on the news we get that pushes the price up. We get positive mice results and acceptance for Phase 1 human trials, that could be big enough news to shoot us into multiple dollars. All just my own opinion, and I don't really have an answer to your question, just thinking out loud.