Replies to post #3513 on Rexahn Pharmaceuticals, Inc. (REXN)

[ttubular]

If the price doesn't .50 now there goes their theory about being over $5.00+ so institutions n funds can buy. Not looking good here early on

[Beauneedsbiscuits]

It sounds like they're doing the reverse split for the right reasons and not just two sell more authorized shares etcetera. They don't actually have to do the reverse and they might be hoping that the price bounces back before that happens. I'm amazed at how healthy they are given their stock history. This could have done being a good thing