Wednesday, November 30, 2022 11:41:15 AM
Read for yourself what the official Bowmo newsletter say!
Upon the announcement of the reverse split, a group of short sellers incited panic by posting
falsehoods on Twitter that pushed the BOMO stock price down.
There is no reason to panic. The reverse stock split does not change the value of your stock
portfolio. Example: If you own 100 shares at $1, the value of your portfolio is $100; if, after the
reverse stock split, you own 10 shares at $10, then the value of your portfolio is still $100—unless
you began panicking while selling off your shares, which, in turn, will trigger the stock price to go
down!
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