One only has to look at NWBO's past history (PRE-2013 had TWO Reverse Stock Splits) where the shares AFTER those two reverse stock splits vaulted over a period of two years (2014-2015 to ~$12 )
You are correct Mav it did run up to $12 after the last R/S. How did investors who purchased before the first R/S fair during the run up to $12? If they would have bought at the lowest possible price pre the first R/S and sold at the absolute top, was their overall investment return positive or negative?
I was merely stating in response to china's post that when a reverse split occurs, there are less shares than there were before the reverse split. Therefore, despite what China thinks, massive dilution would not be the result because there would actually be less shares in the market, not more.
I wasn't really offering a judgement on a r/s. But I have indicated on several occasions that one wouldn't necessarily be bad.
Of course, it wouldn't necessarily be good either.
A secondary benefit of a reverse split is that by reducing the shares outstanding and share float, the stock becomes harder to borrow, making it difficult for short sellers to short the stock. The limited liquidity may also widen the bid-ask spread, which in turn deters trading and short selling.
Obviously these are independent 3rd parties views and IF there might be a reverse stock split it is incumbent for each investor for flush out for themselves whether it goes down the conventional path of being a negative AND balance that off (IF one can think out of one's box) under what circumstances could it evolve to be a positive?
This IMHO is dramatically much less important than that MISSED PIVOTAL of The ONDRA AFFAIR to SELL@ $4 late Nov. 2015.
MUCH ADO and APPREHENSION THAN WARRANTED IMHO for SOME.
I'm not inclined to discuss this matter further: likened to politics! To each his own.