$Verb Technology (VERB.US)$ the most genius short trap i hav...
$Verb Technology(VERB.US$ the most genius short trap i have seen in a long time. .30-.75 offering for a stock thats currently at .17. Monday will be a MASSIVE squeeze
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Cash man dan : When they do a reverse split for 1-5 at .15 =.75
70054665OP Cash man dan: When did shareholders vote on this reverse split? The company bylaws say a majority of shareholders have to vote on and approve a reverse split, and the last time that happened was April 2023.
Double_Bottom Cash man dan: yeah....that could be it, who would buy 0.75 stocks for the value of 0.15. but the presplit price should be 0.25 which lead to 1-3, this would provide plenty of flexibility in the future. 1-5 is just too tight![laughing 😆](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f606.png)
Double_Bottom : maybe 0.375....1-2 RS
....or no split if price get to 0.75
AddiBee0925 : or they have some news in the pipeline that prompts the price to move there.
AddiBee0925 : Sunshine Biopharma is trading at .63 and they just complete tons of funding at 14.00 a share. You could beg the same question, why would an organization pay 14.00 when it could be obtained at sub 1 dollar. but it happened. the only difference with this is that was fundraising this is gifting to employees. the better way to evaluate I feel is why would a company gift employees shares at .75 and obtain that price by a RS, only to have the price be attacked again immediately and deplete those gifted shares value abruptly. That theory doesn't make much sense to me js.