Jun. 1 at 11:09 PM
$GPUS I'm not sure they'll need it, but as the largest retail shareholder of Hyperscale Data Inc, I fully support the proposed 1:2 to 1:5 (max sized) reverse split. Far too many viewers are used to crushing 1:25, 1:80, even 1:200 reverse splits! The approved small size is of NO CONCERN. Look at Flagstar Financial (
$FLG) as an example, last July they enacted a 1:3 (while known as New York Community Bank - NYCB) and it undoubtably benefitted that company. FLG is up nicely since then. There are multiple other, historic examples of small reverse split scenarios that make sense. So...take the dark-colored glasses off and research before making misinformed posts, thank you!
