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MD2Trader

09/07/20 2:11 PM

#19173 RE: Chasing #19146

IMHO, most penny stocks and even large stocks that have a RS do so because the stock prices are faltering and or they want to remain in compliance. RLFTF would have a complete different reason if they were to do a RS. Their stock is about to sky rocket and this could give them an opportunity to get in compliance with NASDAQ and be viable to more investors.That being said, my guess is we will not see RLFTF consider a RS till their price rises. RS are not always a bad thing, but if it is a crappy stock with a negative future best to get out when a RS is announced.