Jun. 4 at 3:11 PM
$SRXH
Just my opinion on how we got to a
$0.65 stock.
There was to be a stock split, it was suppose to be a dividend of 1.35-1, a forward split.
The forward split, theoretically, would lower the price 35%. So, the
$2.00 stock would become
$1.30. Same MC, more shares, lower price. RS, same MC, less shares, higher price.
Only problem is, the dividend/split, never happened. You see it everywhere that it did happen.
The algorithms had it set to come into effect and acted accordingly, after no price adjustment, big sell off, short.
We have never recovered.
Yes, we are moving up, which is great, but it is a
$2.00 stock.
