Sep. 9 at 5:32 PM
Something isn't quite right here. This
$MGN running on announcing a 1 for 40 reverse split. The stock is soaring.
Exactly 4 weeks ago
$PN announced a 1 for 20 reverse split. All it idid was go down every day.
Why important?
MGN and PN have identical annual sales.
MGN and PN have exact same net profit.
MGN and PN have identical .06 or 1/16th of ONE times sales ratios
The Nasdaq 100 is currently trading at 7 times FORWARD sales.
115 times higher than the two of these.