imiloa..............you really need to get over your market caps theory. It will not apply here, or shall I say, from the start.
If there is limited shares in the float AND if my theory that there are some shorting pre-split, the PPS will increase. Then, IMHO drop back down.
But with all the prior reverses I have been a victim of, the stock was trading within a day or two. BUT, now with the merger into a revenue producing company (much more than what OPHI was,)and the stock halted, you just might see a steady flow upward. Because as of now, it went from $ .0033 to $ .025., pre-split. Unless you haven't noticed.
Since we could never find out or figure the prior o/s, how would will be able to get an exact number of any short positions. lol
In closing, for a penny stock to pop from $ 1.25 without any finanicals and news/goals, etc. to $ 3.50 or thereabouts, if not unreasonable. IMHO
Am I the only one that feels this way? As of now, I am feeling pretty good about the way things have turned out.