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MiamiGent

09/14/22 7:30 AM

#622706 RE: MiamiGent #622705

ADTX Well, my info is sketchy at this point. But apparently it had a 50 for 1 reverse split this morning.
The "thinking" (more like frenzied gasping) of the runner boys is that the tradable float is now reduced and shorts will be squeezed.
If so, it may be more because the board frenzy.
My experience with R/S's is they can go either way. Most likely a pop and then some drop.
I got a starter yesterday, just on the chatter (no mention of an R/S, however) on ADTX I was running into as I DD'd my two bio plays, AMLX and BLUE.
I got in yesterday at 1.41 and was able to add 3/4 more at 1.42, about twelve minutes ago on Fidelity- not bc I think R/S's in and of themselves are too meaningful but bc the crazy runner boys have this as their runner today.
Many peeps reporting difficulty buying.

Apparently this is what happened to NRBO yesterday, a similiar instance of a low priced bio R/Sing.
https://stockcharts.com/h-sc/ui?s=NRBO