GREY:CHALF - Post by User
Comment by
daveinvestoron Mar 09, 2021 3:14pm
170 Views
Post# 32754732
RE:RE:Split? Who cares...
RE:RE:Split? Who cares...Exactly, day trading has hurt GLH's true value. This consolidation will end perpetual shares being for sale. It will also make it much harder for people to lend out their shares to be shorted as there will be signifcantly far less of them to do this witth. It's a strategic move and they needed to do it to stay relevant and competitive in the coming great days ahead.
campst wrote: one positive is that it should put an end to relentless penny-flipping.....worth the hassle..... .... but what do i know? cheers