Do those who push for a reverse split ... and the "higher" price, really buy into the argument that the higher price will bring in institutional buying???
Yes, most large institutions DO need a higher entry price, but that new "price" means ZERO to these big houses if they have no interest in the company in the first place.
Those clamoring for the reverse because of all the NASDAQ and institutional noise they expect will follow, are in for a giant rude awakening when their FAR fewer shares fall prey to the downtrend of share price that is now almost a solid guarantee!!!