Replies to post #30553 on Resonate Blends Inc (KOAN)

[Investinator]

I didn't do it based on posts. In the 20 years I've traded penny stocks I have only made money once from a reverse split. Odds are way against it ever going up to pre-split levels. GLTU

[whynot3]

lets imagine an investor who owns 1M shares,can you explain his best case scenario after the RS please,thanks

[pinkslipjunkie]

In pinky land that is about right from what I ever seen...starts plunging as soon as the first trade hits after a R/S...pretty much a guarantee.