Nova Cannabis Inc Com YSSCF

RE:RE:RE:RE:RE:RE:RE:Reverse split!!!

[INVEST4LONG]

AHRBull wrote:

INVEST4LONG wrote:

AHRBull wrote:

AHRBull wrote:

INVEST4LONG wrote: exactly , you are right.
reverse split is only gonna reduce number of shares not the valuation...
there will be just more price action... dealt with reverse split before in different stocks ... most of the time people sell the stock when its a reverse split.

why should anyone sell the stock after 6:1?

If I own 1 mio shares for 0,05, I will own after the consolidation later 166.666 shares, purchase price will be added up to $0,30.

why should I sell? why should anyone else sell? that doesnt make sence.

this consolidation is just cosmetic

the whole deal structure is placed @ 0,05 cad. company raised ~ 30 mio. cad in 2018 for 0,05 a share. this is after consolidation 0,30 cad/share.

why should anyone sell after it? they dont have profit. so no one will sell below 0,30 cad.

simple math, isnt it?

it is simple math yes, but unfortunately people still sells....more room for stock to go down after reverse split.... and thats the time to add more...
 

why should they sell if they have a loss? come on.

i guess you are thinking no one sells at loss.... if no one sells at loss then no investor will have losses in their investment only realised loss , not actual loss..... in investment sometimes investor has to sell at loss... to cut the future losses or to take position in other future prospect gains in other company........right now trades going on at loss ..... whoever bought last year and never sold and selling now , is selling at loss.... when they should actually go long for 2 years to have good return in SOLO....