TechSavy
:
what all these loser companies seem to do is make some announcement that makes the stock pop, then announce a reverse split the same or very next day suckong the life out of every shareholder
This_Guy
TechSavy
:
They now need to give 48 hours notice of the reverse split. Yes they are pumps and also invitations pump after splits but money can also be made by retail.
TechSavy
TranceHead
:
go look up your bad info. they did two splits in the last 2 years. Google it. Just don't pull numbers out of your ass that are false
TechSavy
TranceHead
:
In 2020, Nasdaq amended its rules to require the issuance of a Delisting Determination if a company falls out of compliance with the Bid Price Requirement after completing one or more reverse stock splits resulting in a cumulative ratio of 250 shares or more to one over the two-year period before such non-compliance
This_Guy : You don't know the date or if it will happen at all. This is for potential quick profits, not holding into a reverse spilt.
TechSavy : ummm...they are out of reverse splits I believe
TechSavy : nasdaq rule 5810, a company can only do 250-1 reverse splits total over a 2 year period
TechSavy : nevermind, 2 reverse splits 95 - 1 total. they can still do another 155 -1
TechSavy : what all these loser companies seem to do is make some announcement that makes the stock pop, then announce a reverse split the same or very next day suckong the life out of every shareholder
This_Guy TechSavy : They now need to give 48 hours notice of the reverse split. Yes they are pumps and also invitations pump after splits but money can also be made by retail.
TranceHead TechSavy : their reverse split ratio over the 2 years is 2100 to 1, not 95. you multiply
TechSavy TranceHead : go look up your bad info. they did two splits in the last 2 years. Google it. Just don't pull numbers out of your ass that are false
TranceHead TechSavy : 60×35 is 2100
TechSavy TranceHead : In 2020, Nasdaq amended its rules to require the issuance of a Delisting Determination if a company falls out of compliance with the Bid Price Requirement after completing one or more reverse stock splits resulting in a cumulative ratio of 250 shares or more to one over the two-year period before such non-compliance
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