Mike The Pike Productions Inc (MIKP)

[SPM555]

1. You do realize there are scenarios where a split is necessary and part of a move to uplist, correct? Not all splits are created equal, the devil is in the details.

2. The selling is done. The shorts or sellers aren't going to wait for the split to sell, the split has been priced in. What you're claiming is the same thing you see when people are pumping a stock because news is coming out on a certain day, and they say that the stock will explode on the day of the news. The problem is the news is already known in advance, so the buyers all buy in, and then when the expected and known news comes out there are no buyers left because they all bought it. Buy the rumor, sell the news. In this case though it's the opposite, the news is baked in. Sellers won't wait til post split to sell if they truly believed it was going down, they would do it upon learning of the news. Which they did. And it's priced in. Watch.