Just don’t understand
$Sharps Technology (STSS.US)$ Its beyond me why they didn’t wait until late today to release the information about the board recommendation for shareholders to vote for the R/S at the meeting on 7/12/24? Why wouldn’t they let this new sale have a full day of trading first? Grrr! Hehehe
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103073416 : to boost price before rs?
Trytosaveabit OP 103073416 : Possible that’s what they thought? But most times when a R/S is announced it has the opposite effect! Yes this is just a vote on doing it. But many see that as it’s coming, just getting the formalities out of the way! Hehehe
103073416 : what if majority vote against rs , what else can be done to maintain compliance?
Trytosaveabit OP 103073416 : Nothing! No R/S and don’t trade above a dollar for 10 consecutive trading days before deadline. They will be moved to OTC
JC88 : Prev open 0.238 prev close also 0.238 lol. The rise is pretty conservative at 0.3ish
QM137over1 : Master, are we going to split it in reverse here?
Trytosaveabit OP QM137over1 : More than likely yes! They are voting on it July 12.
QM137over1 : So why is it rising, not falling![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Trytosaveabit OP QM137over1 : It’s rising because on Wednesday they reported getting a new sales contract for 1 million syringes
QM137over1 :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
In other words, after the rise, the bears will pump water![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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