A 1/50 split doesnt sound good to me so how would this be a good thing. Explain this. Lets say you have a million shares of this stock splits 1/50 and now I hav 20000 shares and thats a good thing? Then they get on nasdaq and still have to stay on. Who will keep shares before this split. You will see sellers and bad news for shareholders faith in this stock. Shareholders will be mad and sell out and invest in another regional bank. I had faith in this stock but why cant you get above a dollar. They still have to pay back govt owned shares. So even after the split you will see losses.
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