$Digital Brands Group (DBGI.US)$ post reverse split trading...
$Digital Brands Group (DBGI.US)$ post reverse split trading starts tomorrow, and after the r/s this stock will have a microfloat of about 772,000 total shares. So why didn’t this company wait to announce the good news/PR until after the post reverse split trading started tomorrow? If they would have announced the good news tomorrow after post r/s trading started this stock probably would have easily went up over 100%, especially with the new low float. Could have possibly caused a short squeeze tomorrow that would of pushed the price really high really quick. But no, they f’d up and released the news pre r/s hoping for it to go on a run tonight. 🤦♂️
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more2