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SPM555

01/22/24 9:28 AM

#110483 RE: skyrocketinsight #110481

Interesting. We'll see one way or the other. Imo it doesn't matter what the final price is before the split takes effect, the spread will translate either way. If it closes with a .0003 x .0004 spread, then it will likely open up with a .015 - .02 spread or something in that ballpark, and then tighten as it picks up trading. If it's a .0004 x .0005 spread, then it will be in the .02 x .025 range for the new post split spread, and again tighten from there. The real kicker though is news. If they time it with good news, then all bets are off and it could just gap up a bit and not look back. All just imo.
Bullish
Bullish