Reverse split allowing funds to buy is GoodCoppermoron continues to use "reverse split and number of shares" as a bashing tool all over Stockhouse boards.
His lack of financial knowledge (stupidity) makes him think splits and number of shares somehow affects the financial state of a company and causes it to go bk.
Coppermoron thinks reverse split is bad because his simpleton mind sees some money losing companies reverse split and go bk. He is too dumb to understand that coincidence does not mean causality.
NMI and EDV both had reverse splits of 5 to 1, and 10 to 1 and continued rising.
Reverse splits can be good to allow funds and institutions to buy above $1.
There is a big difference between money losing companies reverse splitting and profitable companies like NMI, EDV, GCM reverse splitting.
But Coppermoron is too dumb to understand this so he will probably continue posting how financially dumb he is.