GREY:RNKLF - Post by User
Comment by
ProfBaIthazaron Apr 20, 2019 11:24am
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Post# 29650857
RE:REVERSE SPLIT HOW TO AVOID
RE:REVERSE SPLIT HOW TO AVOIDRemember - reverse splits are helpful for bobbleheads who think a loonie is worth more than 4 quarters. LOL
stephangold wrote: @goldfingerman The way to correct a high stock float without hurting those who bought early and took all the risks is easy. Everyone call the company and tell them to buy in the shares and retire them from the float once the company starts producing and the cash flow increases. Reverse split hurts the stockholders that bought early and took the risk do not screw them reward them by buying and retiring the shares with future cash flow.