NanoViricides Inc. (NNVC)

[seeker_of_value]

When we are a S&P 500 stock I guess we can do reverse splits.

A reverse split has led to disastorous short term stock price results for penny stocks. Those who disagree please show us one small stock (less than $1 billion market cap) which benefitted from a reverse split. I do not think this is a logical decision on the part of investors, it is just a knee jerk reaction. Logically reverse splits should not effect stock prices. In reality lots of people sell on reverse split as knee jerk reaction. One example is in front of us today. We are down from above $5 to $3.75 or so today.

Seeker