Cheds is a nice guy and a smart guy. He is correct that regulators have tightened up on reverse splits and really for the most part are not allowing more then 1 a year now. Becuase of that he is assuming that if more shares are to be dumped then some entity whether that is the company or converters or whomever need to get the pps up to accomplish this. He is just trying to make a bet and trade the stock. He is also being honest about it. He might end up being wrong but he is just playing the percentages. I think he is making a decent bet actually. I don't know why you attack him so much with so many posts. It makes you look stupid not him.
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