RE:RE:RE:Thoughts?Reachme wrote: charliebitmyfin wrote: show me one company who's share price didn't go down considerably after a reverse split. imo the best thing about this company is that their gross revenue has gone up. But half of it was production costs and the other half was operating expenses, and then other expenses put them in the red. i'm no expert, but if i had 25 mil inventory i would turn it into kief and dump it on the market, the going price is around 20/g, just dump it for 10/g, unless its really low quality inventory and they can't? i don't understand.
Hexo made a RS and they doubled after...same thing with Eldorado gold...if you have 4 quarters and change it to a 1 dollar bill or if you have 10 single dollar bills and you change it to a one 10 dollar bill.....same fng thing.
too many people here with more money then knowledge and you get what you get.
Like other mj stocks they got a boost from the news about possible legalization in the US, don't confuse that with the double, and as you can see from the declining prices that is gradually wearing off, especially for companies that have no US prospects, i'm well aware of what a rs does you clown