Jul. 11 at 3:04 PM
$YHC How microcaps have reacted to high ratio Reverse Splits:
$PAVS 1-for-100 in June, close
$6.15, the next day close
$7.43 (with a spike to
$9.92). New number of shares 1.43 M, above YHC.
$WOK 1-for-100 in June, close
$3.20, the next
$3.05, with a spike to
$5.74. New number of shares 2.42 M.
$GMM 1-for-50 in June, close
$2.88 , the next day
$3.66. Number of shares 1.95 M.
INLF, 1-for-200 in July, close
$4.32, huge intraday spike to
$10. Number of shares less than YHC, about 1 M.
NTCL, 1-for-50, the close was
$4.34 and the r/s days spike at
$6, more than 1.2 M shares.
The statistic conclusion is that YHC will likely make a spike in the next two days above Friday's close. The lower the new number of shares is, the higher a stock rallies.
YHC number of 1.304 M shares stands below the average of the aforementioned stocks, while its market cap will be one of the lowest.
NTCL and GMM with 1-50 r/s and much higher market caps made less than 50% rallies with all the others making much higher.
