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Re: Whalatane post# 428179

Friday, 08/16/2024 11:38:41 AM

Friday, August 16, 2024 11:38:41 AM

Post# of 432305
Well let’s hope but a little more transparency about Priceline. They were not in danger of delisting by the time the RS went into effect. And, to be fair, the success story didn’t really materialize until five years after the RS. RS is bad, period.

“Yet Priceline had already started to recover even before the reverse split took place. Between February and June of 2003, Priceline shares more than tripled, and the travel company certainly didn't need to worry about delisting fears by the time it actually moved forward with the reverse split in June.”

https://www.fool.com/investing/2016/08/23/priceline-reverse-split-the-biggest-stock-comeback.aspx
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