Well “in the long-run we’re all dead.” haha
Yes, it’s down from pre-split level now, but not too drastically. And that’s more so bc promotion campaign ended, not necessarily bc of the RS...
My point is that not all R/S’s are alike/malicious, it really depends on the merging company foremost. And if you want to be in a company that uplists to Nasdaq or NYSE, rs is an effective way of attaining minimum price requirements because if they just promote the stock, eventually shorts will get involved when overvalued and...
Just playing devils advocate! Definitely NOT a fan of reverse splits haha but I can see why Lazar and his clients choose to do so
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