yeah but you’re missing the point about what a reverse split is for. Positive news or not. The reverse split is done to create room to dump down. That’s what they’ve done every time. If you get a post split run, which does happen every once in a while, why not just buy it back after it splits?
I will never understand someone holding through a split. Usually it’s just because they can’t justify selling something at a loss. But what happens is they continue to hold it through multiple splits and they end up with way, way less money. Ask the people who have been here for years. It’s crazy to me. And then people start averaging down and it’s the same thing over and over again. More dead money, more lost money. It’s the inability to accept the loss and move on.
You do whatever you’d like. Tickers do cancel splits. But NSPX has no history of canceling splits. You are already screwed by not selling it immediately once the split was announced. The value of your shares is down over 50% from just that time. It’s like going to your doctor after you already have cancer and asking him how you can avoid getting cancer.
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