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written by reader EKSO

By rbprice01, May 5, 2016

Is the 1-for-7 reverse stock split a good thing for those who are already in it?

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6 years ago

usually it is positive since they plan to uplist to nasdaq

👍 236
6 years ago

If the business has the news, numbers, revenue, etc. going forward to maintain the post split price then yes it is positive. Too many times RS means a slow decline right back to presplit price (because they use it just to prop up the stock price) and now you have a fraction of your original shares – thank you very much!

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