Vote Sept 27 for 1:20 r/s
$MicroCloud Hologram (HOLO.US)$ There will be a vote to do a 1:20 reverse split on Sept. 27. Prepare as you must. Total shares at 81.99M will become 4,099,500 when done. Then this stock will become squeeze ready.
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101851995 : Where did the news come from?
Piggy Bank Trader : Nahhh. Play it daily and get out. The company isn’t strong enough for a squeeze play.
Thosemine OP Piggy Bank Trader : I agree the company itself is trash. But, short sellers will look to drop the price. I know, I usually short it myself. But there is about a two week window that it gets pushed up. That's when I enter short, after the run. Because as of now, as far as what has been made public, their LiDar sensors are now going obsolete after the ADAS and Technology conference last week in California showed the new non LiDar system that is far cheaper that will soon replace HOLOs best product. HOLO must have stuff working they aren't sharing though yet because they are still able to get unsecured convertible debt offerings. All it takes is any positive news and with much lower float, to squeeze. It for sure is not a long term play for bulls
Piggy Bank Trader Thosemine OP : Well I agree that “if” they release something very positive then it can run.
But this is a Chinese company and Cayman Islands….. I’m in and out quickly.
Chuddy : Sir the holo family will make this go to the moons!