Post by
Moneyloop on Feb 13, 2024 9:52pm
Reverse split !
if this doesn't hold 4$ in the coming weeks, reverse split is inevitable........
Comment by
1condor on Feb 14, 2024 10:52am
Just wow...another 6 percent dip this morning. Cant even image being someone who is "trapped" in this trade. Continue to watch in interest.
Comment by
Moneyloop on Feb 14, 2024 12:38pm
Wolf, you're misinterpreting what I said. If it doesn't trade over 4$ ,it will keep on trikeling-down under 4$ and will reverse split anywhere between the 1$ and 3$ range.... These ETF'S reverse split when they can't hold a value between 3$ and 4$......
Comment by
liljohnnyjoke on Feb 14, 2024 11:49am
hasn't this thing reverse split 1-10 twice a year for the last 15 years?
Comment by
101TECHNICAL101 on Feb 14, 2024 12:30pm
are you crazy the last time it split was over 3 years ago....twice a year, look at the news
Comment by
101TECHNICAL101 on Feb 14, 2024 12:42pm
my fault not 3 years ago, the last time it was annocunced was on FEb. 3-2023 and at that time it was trading at $1.80/ share. Which will mean Natural gas will have to drop $1.22 for a reverse split to occur another 25+% drop from here. Chances of that occuring UNLIKELY.