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Teal Valley T.TV


Primary Symbol: P.TEAL

Teal is a Canadian, pharmaceutical & NHP manufacturer selling to Canada’s national, chain drug stores, presently expanding its portfolio to include cannabinoid-based products utilizing proprietary formulations & extractions for both the global Rx & recreational markets.


P.TEAL - Post by User

Comment by AlfTanneron May 17, 2021 3:49pm
94 Views
Post# 33215757

RE:RE:The trolls are not the problem.

RE:RE:The trolls are not the problem.
HA20200, love your new avatar!
 
I just want to say that the reverse split thing is not a prediction.  I do not think the current management has the guts.  They have bone heads but spines made of jelly.
 
Sadly, I do not think a reverse split would be an overnight fix either.  It takes a while for a stock to get recognized by a new class of investors.  I have to admit that a reverse split could result in a short term drop as the penny stock flippers jump ship.  I think the benefit would be realized in the longer term.
 
And one last admission to show I can be introspective.  It is probably not a good idea to do a reverse split until the company can show a decent profit.  Otherwise, it looks like an act of desperation.  A reverse split should only be done from a position of strength.  If Q2 is as stellar as firecracker has calculated, the any potential reverse split should wait until after Q2 results are out.
 
Your BFF,
ALF
 
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