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Re: learningcurve2020 post# 32151

Wednesday, 06/08/2022 4:19:20 PM

Wednesday, June 08, 2022 4:19:20 PM

Post# of 34625
It is not so much the reverse split that is scary bad. It is the dilution that will really hurt investors. As I have said before, with a reverse split, (IN THEORY), the investor does not get hurt, in that they do not lose a single penny. Yes, in real life, most times, the price tends to drift down after the split, but the split itself is not bad and is done for a good reason, like to stay nasdaq listed. It also has the longer term benefit of IF, the stock later does do good, there are less shares on the market for the short sellers to short.

P.S. I still have my "good till cancel" open BUY order in. All anybody has to do is enter a "market" order to sell their shares and they will be sold instantaneously.
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