TSXV:CLAS.H - Post by User
Post by
whisky11on May 16, 2021 4:25pm
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Post# 33211733
big news is around the corner, they contacted big Pharma
big news is around the corner, they contacted big PharmaIf Pfizer or Johnson and Johnson get an observer to Laboratory in Australia, that will be big news.
It may come anytime.
News similar to that would help day traders,but if you're long on the stock, no news in my situation is good, it give me time to buy more,(I'm waiting for Cash from a real estate deal )
Reverse split will create up movement in the stock price, why is that ? The reason they want to do reverse split is because some " specific " investors demanded it,
So I presume if they do reverse split, some institutional investor will jump in. And this is big news they are talking about , it will offset stock price drop after split.
So if you go to my first sentence in this blog, what I'm saying is that this news or something similar, would show interest of big Pharma into
R- 107and then the stock price would go up and it create run on stock and reverse split won't be necessary at all.