Your trading choice, but not all reverse splits end up in the dumpster. Always check to see if debt has been extinguished or greatly reduced prior to the R/S, and the reason behind the R/S. Some are done because the share structure is maxed out and there aren't enough shares available to allow further dilution to pay off debt. In some cases, it's because their share price is too low to qualify them for a higher exchange, such as Nasdaq. The company here has an uplist plan and they were wise in greatly reducing their debt, prior to the reverse split. This company is greatly undervalued and at these price levels, the max R/S is already factored in.
PokerStar
News 
Market Data 
Discover 
AI
