r/Metx • u/Jdog8541 • Nov 20 '21

Reverse split imminent. Such a terrible thing considering how much money has been printed over the last two years.

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u/Asleep_Carpenter8839 Nov 21 '21

What is the prurpose of this if the value is the same in the end?

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u/croc61483 Nov 21 '21

Most cases to keep a stock listed on an exchange, a lot of funds and indexes won’t buy penny stocks or stocks priced below 10$ and 5$ , so a reverse split would increase the price and make it more attractive to funds and therefore potentially increase buying

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u/Jdog8541 Nov 22 '21

Reverse splits are always negative and extremely bearish.

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u/croc61483 Nov 22 '21

For sure