so IF the reverse split happen today. it would be .06 correct? your saying over the course of 30 days worst case in your opinion it would go to .02 cents thats IF there is -70% drop.
if this is the last R/S could be worth it for a long...
r/s in GERS case is necessary as pointed out in the SEC filing. no r/s is good for the shareholder but not all reverse splits end up horrible, just look at Pacific (peix) they did a r/s in may and six months later the stock price exploded. i'm not selling before the r/s unless the price jumps high enough to entice me and after the r/s it will be worth holding a 'ticket' in this lottery as the price could go crazy in either direction.
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