RE:RE:RE:Reverse split needednot every holder of a stock are penny flippers nor are there any clear delineations as it is not benefitcial for anyone to hold any stock i don't care what they are without strategically trading. I think people need to get away from labelng what others do because that shows ignorance actually. The bottom line is to make profit whether you so call flip or buy and hold. It is to no one's real benefit to hold 100 percent of a position ever as far as I am concerned. Having said that the shares isn't the main issue it is volume and volume of trade and whether the revenue offsets the amount of shares. with huge volumes of shares this can still be attractive if realistically seen as a dollar to two dollar nothing more. Sure you do a consolidation than it would need to be a $10 stock to be equal to a 10 to one split same difference actually. Companies consolidate when they are looking to uplist to attract the so called bigger institutional houses but not all companies care about this and that uplisting isn't success or not continuing operations is. I have seen companies uplist after consolidating and get slaughtered the fundementals and earnings still weren't there.
I don't care about number of shares but strategically buying selling holding and building wealth. Holding long term anything you will see profits evaporate too much market risk long term.All relative to perspective but the name of the game is to make money not these stupid labels people foolishly use.