Post by
oilburner on Jun 10, 2019 3:43pm
Don't buy in yet. Reverse splits historically fail.
This might only drop to the 3 dollar range but will probably end up in the 2's.
If you are thinking of getting in this current price wont hold.
Comment by
stealthct on Jun 10, 2019 3:46pm
not true. don't listen to this noise!
Comment by
oilburner on Jun 10, 2019 4:36pm
Of course it's true. This is going to crapp out.. Share consolidations never perform short term. Huge deals in the future is a separate issue and should be viewed as such. Regards.
Comment by
stealthct on Jun 10, 2019 5:49pm
this isn't the traditional reverse split and you know it. All other reverse splits are for you consolidating shares to prop up the price. We had to do it after the RTO.
Comment by
oilburner on Jun 10, 2019 6:05pm
Share consolidation is a tool used for one purpose only with known results. Your reasoning is hollow and is the true noise on this board. Regards.