Saturday, May 21, 2022 3:37:26 PM
Even if you believe that a post-split miracle is going to happen, you will be better off selling ahead of the split JUST LIKE MANAGEMENT HAS DONE and rebuying after the split.
People advocating for holding are ignoring the math. Yes, your shares will be worth .40 instead of .004, but their total value will be the same because you will have way fewer shares. That’s before the massive dilution that management has already said will follow the split.
It is hard for me to believe that anyone seriously does not understand this, which makes motives for advocating otherwise to be very suspect, in my opinion.
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