RE:RE:Halo Collective Announces 100 To 1 Reverse Split Well there you go... after the reverse split the stock opened at $2.22, and while the many unwashed riff raff were hobbled by retail trading software that allowed buys but not sells, the price rocketed to $7.00 (for the lucky duck connected/pro folks).
Who's next? ...AH has a decent book value, keep an eye out for rumblings there...
And TRIP? ...maybe just hold onto your wallets, they want it all for themselves. -- (All just opinion of course... and no animals were injured in this post)
WinterBaron wrote: Really wish I could find a single company that has completed a share consolidation and retained it's pre-consolidation share value.
Eg.
If HALO's pre-consolidation SP is .025 then post consolidation it should hold around $2.50 after the 100 to 1 reverse split.
Unfortunately history tends to show significant fall off in price.
I'm not projecting a reduced value, just won't be surprised if it happens.