Post by
Iseneschal on Jun 11, 2021 9:56am
NOVN ..... Let's go over this
On May 26th ..... This is what I posted :
The reason for a small position in this is because ...just yesterday they hammerd the sh price down on big volume ....so this was normally trading around $1.25 ish
There will be a lot of people wanting their money back on this deal...it might bleed some ...who knows?
Cheers !
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What I observed was "they " hammered the share price down on big volume the day before the Reverse Split.
So I felt that the "Upside potential" was huge !!!!
Do some research on how this materialized......you just might find it interesting and definetly find it a learning exercise.
Good luck