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irv12

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irv12

Re: Steady_T post# 101552

Wednesday, 04/06/2022 2:24:00 PM

Wednesday, April 06, 2022 2:24:00 PM

Post# of 113366
True ... not "always" bad. Just 80% of the time, share price drifts down over the next 6 to 12 months. Where does the 80 % figure come from? It comes from the seminal paper on share price following reverse splits in the Rosenfeld-Klein report. Virtually all of the best business schools in the world have the article in their grad school libraries. Rosenfeld calls reverse splits "poison!"
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