Tag: Reverse Stock Split
3 Reverse Stock Splits That Could Be Ticking Time Bombs
Reverse stock splits rarely save struggling stocks On the surface, reverse stock splits may seem like reasonable moves for struggling companies to make. Once a stock dips near or below $1 per share, there are a lot of potential dangers. First, many institutional investors are forbidden by rule from investing in stocks priced under $5. […]
Did You See This Chart? Wow!
I just happened to be doing some research in the penny stock universe and a chart caught my eye. It was a massive gap up in the stock and the company just released earnings Tuesday morning, so I had to look into it some more… Who’s the company? NeuroMetrix (NURO) That’s one heck of […]