RE:RE:RE:RE:RE:RE:RE:Reverse SplitTO BE FAIR IM IN AT 1.22.so ya im a no
AlfTanner wrote: If you do not like reverse splits, then DO NOT BUY STOCKS PRICED UNDER $1. If you buy penny stocks, there is a good chance that reverse splits are in your future.
As others have said, a reverse split in itself changes nothing. The real issue is when companies print too many shares, it is usually a sign of a bigger problem.
Plain and simple, $0.37 is not a reasonable share price. A share price should always have one digit to the left of the decimal (not including zero).