RE:Remove the Split and the SP will sky rocket !!Yes you see how bad this move was , so now ask if they will admit they made a mistake and remove that possibility - no way they admit they were wrong! Then ask which is worse, implementing the RS or not implementing? (Which would mean it served as a useless drag on FIRE shares all year for no purpose. And then ask why invest with mgmt who makes these moves?? My guess is they implement the RS right in the middle of tax loss selling season lol
Awsm11 wrote: Supreme needs to remove the reverse split and the SP will sky rocket.
Nobody wants to invest in the best , premium bud around because of that hanging.
The fear of losing 4/5th of your shares overnight is inciting fear amongst the public.
Management put that in there thinking it could help them raise the value of the SP down the road if required.
It did nothing but create unease and unwillingness to invest.
So i say to you Nav and John, Remove the damn RS at the next AGM, and tell the world that it is gone...
Tell them just before you release Quarterly numbers in the fall.
This will have people running for their brokers to get in before its too late.
Everyone is waiting for the bottom....
You announce that the RS is gone,.. and that will be your new bottom.
Nowhere to go but up , up and away..!!
Good luck to all.