Replies to post #10415 on DarioHealth Corp (DRIO)

[hcts]

higher highs and higher lows, it is behaving like it did before the split. it will close today between .60 and .70. i expect it to run in the afternoon.

[Vaffan-Coulo]

"The price action still shows an increase from the .09/.45 valuation..."???

Well, it looks like it closed at 49 cents -- DOWN over 20% -- and basically where it was pre-split.

Like I said, all I was curious about was the logic of the five for one split.

I don't see that a "20:1 split would have been absolutely ridiculous" since it at least would have put the stock back into a price range where it might get listed again.

And if you want to talk "ridiculous," then it hardly bears mentioning how ridiculous it is to even mention the "value for common stock holders" after management has issued 55 MILLION free shares and turned around and diluted by another HUNDRED MILLION shares "pre-split" for somewhere south of a "pre-split" dime a share. If anything, "DRIOD" deserves the "Carson Kressley" award for a full sixteen inch, five star "service" to its shareholders.