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Re: LJ-Bodhi post# 15752

Tuesday, 10/05/2021 5:50:53 PM

Tuesday, October 05, 2021 5:50:53 PM

Post# of 28549
I have seen plenty of companies address shareholders with plans of an up list and not mention a Reverse split as the primary means to which they will get there. When they talk about it, they do so in a shareholder update and skate around RS without ruling it out. Which leaves room for speculative buying to prop the stock up in the meantime as the investment community tries to digest the different ways organically PPS might rise. UNQL doesn't employ this strategy because, as you can see, they are adept at raw dogging the common shareholder and nothing more. If they up list, I am confident a guiness world record for the fastest delisting of any company every to get approved for NASDAQ will follow. Of course, If I am wrong- that will be a welcome surprise as well. I saw AMPG go on a huge run after their RS before a shelf offering pulled it down. The vast majority of these reversals are just purely for the companies benefit. They are looking for a payday courtesy of the IPO to pay the bill for Asia Pacific and that's all they are doing. They will have some buzzworthy press coming before Dec 31st. No doubt about that, may even get a spike up that nobody saw coming but it won't last. The only silver lining is with the reduced share count and new class of potential investors, will be much easier to navigate the daily volume with an entry or exit strategy. Currently I hold more shares than our daily volume on some days.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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