Post by
arh0070 on May 04, 2019 3:49pm
Reverse stock split
Every company that I have ever known that does a reverse stock split ends up the worse for wear and the stock price declines especially after the split .if they have such A great management team ,they should have waited ,made a profit and bought back shares .That would boost the stock price .Not a reverse stock split .Warren buffet never did a reverse stock split and his early investors made a 2million % return on investment .
Comment by
RogerPenske on May 05, 2019 8:49pm
To be listed on the NYSE, they need a sp above $2USD. Agreed that reverse splits are usually bad. I think circumstances are different here.