What I am saying is that a majority of those playing it know this. There are others that may not but they are also throwing darts or chasing. When you have these reverse splits which many are will also see at least one day of a crazy move. This is why people search for this type of play.I see these all the time but rarely am I ready to take advantage. The other thing is even if it is a messed up company it is irrelevant. The people aware of these plays have no interest to invest in them these are merely a trade a day trade.Will see if this gets crazy. One thing I notice is the risk reward on them for the short holding period is worth it
Yes, everything you've stated is why this has been a trade multiple times since RS. Inevitably, history will repeat, but until then, trade accordingly...
News 
Market Data 
Discover 
AI
