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Re: Invest83838 post# 395271

Friday, 12/09/2022 7:21:35 AM

Friday, December 09, 2022 7:21:35 AM

Post# of 426486
"A reverse split with a company like AMRN is almost 100% sure to make the adjusted stock price decrease significantly because the shorts have more "room" to drive it back towards 1"

Truer words never spoken. In fact, I would bet with anyone who cares that in event of a reverse split (say 1 share for 10 shares), the share price within 18 months of the split will be equal to or lower than the original share price pre-split. You will own 1/10th the number of shares. Has happened to me on every one of these small bio investments. I still have a position in NVIV that several years ago was multiple thousands of shares that now stands at a fraction of one share in my account. Have never sold any, just enjoyed the reality of the reverse split.
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  • 1Y
  • 5Y
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