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Re: i_like_bb_stock post# 22773

Sunday, 01/21/2024 1:02:07 PM

Sunday, January 21, 2024 1:02:07 PM

Post# of 23952
split for uplifting isn’t a bad thing
In the long-term you are correct.

However, most OTC traders go crazy when a reverse split is imminent. I'm only speaking from the many bad experiences I've had with RS's on the OTC.

On the other hand, I currently own an OTCQB ticker that has announced a merger with a NASDAQ SPAC and a 1:10 RS. Its current price is around $.30 and its share price has been very stable. If this behavior continues, it will be only the second time in over 15 years of OTC trading that I have held an OTC ticker that successfully navigated an RS and uplist.

XCRT will hopefully be my third successful reverse split ticker. lol

Disclaimer: Do not rely on my projections or opinions to make a buy or sell decision. Always do your own DD.