RE:RE:RE:RE:Share Price and unhappinessDoing a reverse split to get the share price higher is disgusting to long term holders, we are going to get screwed and we are powerless to stop it from happening. Yes, everyone can do the math, but no one wants to talk about what the share price can achieve after the split.
At a 15 to 1 split, a pre consolidation price of $2 is $30, 3 is $45. Do you really believe that you are going to see those kinds of prices trading on the NASDAX? I don't think that will ever happen. No one wants to talk about the price less than the reverse once shorters and manipulators take over the stock. You think the share price sucks now, just wait.
To me the only way a reverse makes sense is if the split is a lot lower like 2 or 3 to 1. The only way that can happen is for our pathetic share price to move higher, something it has not been able to achieve despite all the positive announcements.
Watch what you wish for, it is likley to happen.