$TESORO ENTERP (TSNP.US)$ wow so random that it drop so much...
$TESORO ENTERP (TSNP.US)$ wow so random that it drop so much, any one knows what happened ?
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70206269 : 4 to 1 reverse split
Obi-Wan-Cashnobi OP : I bought all the dips this week. I guess time to buy more on this dip, but just wondering what the heck?
Obi-Wan-Cashnobi OP : Sucks that they doing the reverse split, maybe they need it to be above one dollar and make it to the NYSE at around 5-10 dollars. 4 to 1 is not that bad. Sucks but not that bad.
Yetisimo : details about what's going on starting tomorrow
http://www.globenewswire.com/news-release/2021/02/25/2182875/0/en/HUMBL-Inc-Completes-Corporate-Actions.html
OldNormanBates Yetisimo : Thank You for posting this. It explains everything We need..
OldNormanBates Yetisimo : could you please share this to the Entire tsnp/humble Community as a separate post
I think that it would help...
Yetisimo OldNormanBates : Since it mentions that this "will force any outstanding short positions to cover their position" would you care to make any speculation on what we might see take place?
OldNormanBates Yetisimo : with the market so volatile rollercoaster ride this week probably won't be right,lol...My overall feelings are that this is going to make it more stable, with everyone knowing what the company is, rather than playing with a false narative of the tsnp name.. Now fully working as humble everything is Straight Up..The Reverse Stock Split will help for most knowledgeable investors bringing the price into a range the company feels it deserves..It may have a short term negative price effect from the people who selloff because they are not working with the long term investment strategy for humble.. That doesn't answer anything does it,
The stock is going to do well!!!
OldNormanBates Yetisimo : on the short positions being gone, good riddance and price will stabilize..
Yetisimo OldNormanBates : it's going to be fun to watch what happenes and be a part of it.
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