Replies to post #15790 on Cytodyn Inc (CYDY)

[PNW_Ironman]

Nicely said, agree on all points, especially the issue of a R/S.
If anyone has any doubts about what reverse splits do to shareholders, just look at what has happened with DRYS in the last 6-9 months.
Yes, one could simply just dump their shares prior to the r/s to avoid it, but it's hard to do that if 1: you're in the red with your share cost average (and don't want to take the loss)
or 2: trading volume is too low to offload the shares, leaving you holding the bag.
Like WAR said, it usually only benefits the company doing the split. IMO.