Replies to post #141589 on NanoViricides Inc. (NNVC)

[arvitar]

...someone seems very worried about the reverse stock split announcement...

There's at least one person who's not as worried about the reverse stock split as he should be.

[JG36]

In theory a stock split or reverse split is a neutral event -- you wind up with the same fraction of the company after the event as before. But in practice prices tend to go up after stock splits and down after reverse splits. Especially the latter, when it is done simply because a company is in such desperate straits that it needs a reverse split just to stay on an exchange.