They are reverse splitting 1:20 by the end of trading day. I am a noob trader do not know what this means as far as the direction in which the company plans on going. Just to clarify, I understand the concept of the reverse splitting, but what I do not understand is why is it necessary, especially when it is a penny stock and it does not necessarily change the value of the company. Any insight would be much appreciated!
Submitted January 18, 2018 at 10:41AM by joon1929 http://ift.tt/2BcUXTD
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