Lexaria Bioscience Corp LEXX

Reverse split is never good

[Daddyyugi]

This will definitely be shorted back to under a dollar. Very sad actually because my average is 1.41 cad I trusted Mr Bunka, lost a lot of money but you live and you learn.

[winnerscircle]

The RS is being done to get on the nasdaq ......much deeper pockets there ....Lexaria has the tech and the right contacts...this will hit 150mill+ MC and IF float stays small we can have bursts of 250mill+MC bursts .....goodbye OTC...hello big daddy Nasdaq!!

[Yowza123]

Lexaria is actually a good company and although the SP has gone up and then down again over the last couple of years, the company has just uplisted to the Nasdaq, starting tomorrow and is well on its way to making some big pharma and perhaps oral nicotine deals with some of the largest companies in the world. DYODD.  AND I don't see this getting shorted down much at all. The price is

[ScotiaOne]

Not thrilled about the RS but coiuld be an opportunity. Often the SP will retract further post split but if you know where you were before the split and still believe in the potential, just average down again. All it takes is one good news release. I'll be watching for opportunities.