Maxeon Solar Technologies Stock Forum

2786 OP :

2786 OP : Solar energy is definitely the future . . . with the emphasis on clean energy globally.

2786 OP : One simple example . . . Would you prefer to own 100,000 shares of Mullen at 0.70 that’s worth $70,000 or 1,000 shares of TESLA at 200.00 that’s worth $200,000 ??

SMC I Fly : This coming AGM if vote pass thru they will RS

DJMA : reverse split is good news or bad news?

Tris tan OP DJMA : technically neither? bad in that theyre trading too low to stay in exchanges, so they need to artificially pump up the price. Good in that they are then trading at a higher value. Ive personally had bad luck with timing sales with reverse splits though

DJMA Tris tan OP : thanks.  was never quite sure if this is a positive or not.  depends on timings as always I assume

2786 : There’s nothing to worry about RS actually, because the good prospects and future for the company is almost certain. Technically in dollar terms it’s the same , you own lesser shares but of higher price that’s all. RS will keep the company stay listed and focus on increasing shareholders value by bringing company back to profitability with the financial support from TCL.

JiuShini OP : I hope MAXN the company do something to make the price up to 1 dollar instead of reverse split in the end.

Arue Perry : big time gamble

2786 :