Share blasted off in after-hours trading BTCY did a 1 for 6 reverse split on July 3rd. Its price was $0.50 and after the reverse split, it was $3. It quickly climbed to $3.28, but, as is usual after a reverse split, people were used to seeing it at a much lower price, and in a few days, it fell to $2.35. It held that price and then started climbing. On July 14th it passed the $3 level and closed at $3.05, but then started slowly edging down and today, July 19th it closed at $2.92.
But wow. In after-hours trading, it started taking off and closed WAY ABOVE its post-reverse split high of $3.28:
BTCY
$3.36 +$0.44 (+15.07%)
After hours: 07:52 PM EDT 07/19/23
That may not hold in tomorrow's trading, but over the last year, every press release has shown that the company is on a very very strong growth trend as it continuously innovates its product. Ours is the ONLY COMPANY with advanced continuous cardiac monitoring that the doctors can directly access. Cardiac doctors throughout the country are signing up with the company and the list of patients is growing exponentially. Soon the company will be expanding to other countries.
Our company is still in its infancy. It has YEARS of growth ahead of it. With the reverse split, its share count is just 8.75 million shares. And, as I said, its share price blasted upward in after-hours trading. It may back off, but buying shares anywhere in this price range will be a no-brainer. (Does that mean that anybody that buys here is a zombie?}
Be interesting to see what it does Thursday 7/20/23.