just picked up 5000 shares tonight, looks like very decent trade despite the news. remember it'll be atleast 5 trading days before anything negative can happen !
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sendhelp MikeyMikeMike : So what do you think about this stock?![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
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MikeyMikeMike sendhelp : High risk. Super high float gives shorts ample opportunity to cover even with high volume because of the 200m float. With such big orders going through all the time, it is difficult to determine what is Short ASK and BID, at least using level1 order book. Understanding the Order Book is important to determine buy and sell areas. Hope this helps.
Sumchi : A RS is not a bad thing guys... It isn't the best thing that can happen but, we would end up with the same value and potential growth just fewer shares.
Sumchi MikeyMikeMike : 0.01 is not NASDAQ compliance. They have been notified of delisting and given a date by which to get back up to $1.
MikeyMikeMike Sumchi : Correct, I misread. Looking at too many numbers today. I am going to remove so not to cause misinformation. thank you for the correction. I should proof before I post.
intuitive Jackal_354 OP : guys for me this is just a trade, in and out for a few bucks, probably 1 or 2 day trades