PLEASE RESPOND WITH A KNOWLEDGEABLE ANSWER
Does this mean that if you have 1 million shares, you will now have 100,000 shares but the price will still be at .0001 or that the price might go to .001, but you are still at the risk of losing more of your principal now especially since the company is accessing more stock to dump on the market by doing this?
Like for example, if you believe that HRDN is not a POS, and have no intention of giving up on the stock but also no intention of buying in more, wouldn't the best move right now be to sell before this happens, or at least sell half and then buy back in afterwards? (I am talking specifically about this go round and don't want to hear anything about how they will just keep doing this).
THIS IS MY FIRST EXPERIENCE ACTUALLY RIDING OUT A REVERSE SPLIT. People keep getting angry saying the company is a POS for doing this but everything I have read states this is a neutral move for the investor, and mostly designed to make the stock look better to outside investors.
