ORIONS Money Stocks

[Monksdream]

Betting on reverse splits has been a meme going back to last fall
Based on the current trend continuing for all of 2023 the total could reach 365 or one reverse split for each calendar day

Bankruptcy bets have been less prevalent
Hertz was the best during the Covid era
Bed Bath & Beyond was and is the star for 2023

Times change
All these nano cap and micro cap companies, most of which can be considered as still at the start up stage,
Simply can’t achieve any degree of sustained growth in revenues that exceed the operational expenses

That said, more Chapter 11 and Chapter 7 plays are in store for the remainder of 2023 and probably for the next few years

This list is derived from Friday’s Barchart new lows
All are priced under $1
ACB AKAN BBLN BODY BURU CGC DBD DTSS EMKR EXPR FLJ GBR CEI GLBS IRNT JG JT KSPN LFLY LSF MBRX MCOM MIMO MNTS NKLA OWLT FREQ GROM HYFM INVO NBY OGI PBLA SBIG SOPA

There remain hundreds of listed companies priced below a buck