job_11
:
With a significantly reduced number of outstanding shares after the 1-for-100 reverse stock split, TNXP's liquidity is impacted. A lower share count generally results in lower trading volume, making it more difficult for investors to buy or sell shares efficiently without affecting the price.
72119175
:
One if the most poorly managed stocks!! The moment they announced the 100-1 RS. Everyone bailed ! We all knew there was a “potential” for RS , But 100-1 was retarted!! a 5-1 or 10-1 , people probably would have continued to buy and hold for Aug 15. Just plain bad decisions from management!!
job_11 : With a significantly reduced number of outstanding shares after the 1-for-100 reverse stock split, TNXP's liquidity is impacted. A lower share count generally results in lower trading volume, making it more difficult for investors to buy or sell shares efficiently without affecting the price.
job_11 : Those who wanted to exit have already sold. Only those who want to buy are still waiting for the price to drop to 5. So, where got volume?