GREY:ARGEF - Post by User
Post by
TITANIUMJOEon Jun 12, 2019 1:11pm
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Post# 29819082
Seeing a reverse split is like an old person breaking a hip
Seeing a reverse split is like an old person breaking a hip
Seeing a company have a reverse stock split is like seeing an old person break their hip.....it seems to commonly be the beginning of the end. I'm yet to witness an SP climb up after a reverse split. IMO, it just gives the SP more room to continue falling. It sucks the confidence out of MOST shareholders and that only further contributes to the falling price.
All good points aside on why they should consolidate, I feel that without an ACTUAL REVENUE we are solely depending on shareholder confidence.
NO REVENUE, NO SHAREHOLDER CONFIDENCE, SO NO REVERSE SPLIT !