GREY:ALEAF - Post by User
Comment by
sthineion Feb 05, 2021 8:20am
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Post# 32481874
RE:RE:Huge amounts of capital flowing into sector in US
RE:RE:Huge amounts of capital flowing into sector in USLol! Listen bro my background is 30 years experiencd in markets and research management pisitions at the second largest independent investment firm in Canada. So i know what listing requirements are. When Aleaf first consider the US listing they were trading at like $1.60 so not as if they were unaware of need for reverse split. Reverse split also helps to force shorts to cover as less shares out there to borrow. Reverse split has worked out well for ACB, Hexo etc... this year. As long as they have strong visibilty now would be the time to do it as US moving more towards legalization.