GREY:ISOLF - Post by User
Post by
JeremyBauherkon Dec 04, 2018 11:52am
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Post# 29061379
$1.23 or 12.3 cents Pre Reverse Stock.
$1.23 or 12.3 cents Pre Reverse Stock.Never trust a penny stock company that undertakes a reverse stock split to have any consideration for their shareholders. When penny stock companies do not have an effective plan to sustain the pps after a R/S, there should be rules against permitting them from relying on reverse stock splits to get out of whatever hole they dug themselves in. I, long ago, learned my lesson. I know to always bail on a penny stock company before its R/S. I wish regulators would take note that if they are not more supportive of the needs of shareholders, a.k.a the commoners, a.k.a the majority, chaos has been know to ensue. Overstated? I am convinced that many of you that bought ISOL at its pre R/S highs of, let's say, 1.50-2.14, only to endure a pps collapse to 30 cents and are now shocked to see that after a R/S to $3 and in the midst of handling repeated crashes that has today brought the pps to 1.21, are in agreement with me.