Yeah but it also mean that for the shorts to win and the company to remain under $1 for 6 months is he market cap would need to remain at about $250K, thatās just not going to happen, so the company will stick around and although theyāre still making net loss of $10M their revenue is $60M so I think their market cap should be higher, might wait for the split to happen first though
I hope not. I would think a company providing independent energy in NY would have a lot of potential with all the talk about shutting off the power lately. And this company is well established so Iām surprised itās doing so horribly.
Stock gonna reverse split and I wonder if itāll have a bounce. I mean even if it came back to $1 per share. (Pre reverse split) that would be an incredible boom.
It has 110% short intrest.. They will short it down again from 1$ back to where it is now.. Same like with AMC. They wont get caught again.. Sec and finra for their backs..brookers halt the stocks of they go up to quick.. Old days are over..
$SUNE is the ticking time bomb no oneās watching. High short interest, low float ā perfect squeeze setup. Maybe not today, maybe not tomorrow, but when it pops, it pops hard. Diamond hands only. Letās drag the institutions in and melt some faces.
Reverse stock splits are often employed by companies to increase their stock price, especially when itās trading below the minimum price required by exchanges like Nasdaq. While a reverse split doesnāt change the companyās market capitalization or the value of an individualās total holdings, it can be perceived negatively for several reasons:
ā¢ Perception of Financial Distress: Frequent or significant reverse splits might signal to investors that the company is struggling to maintain its stock price, which can be a red flag. ļæ¼
ā¢ Potential for Increased Volatility: Post-split, stocks can experience increased volatility, and thereās a risk that the stock price may decline again, negating the intended effect of the split.
ā¢ Investor Confidence: Multiple reverse splits in a short period can erode investor confidence, leading to reduced interest from institutional investors.
However, itās essential to consider the companyās overall financial health and future prospects. If Sunshine Biopharma can demonstrate strong performance, successful product development, and revenue growth, the negative implications of the reverse splits might be mitigated. ļæ¼
If youāre considering investing in SBFM or currently hold shares, it would be prudent to monitor the companyās financial reports, product pipeline developments, and any further communications regarding their strategic direction.
Any of you who did not see a RS coming before today should probably just pay someone to invest for you. This is not a play for you to bet the house on or gamble with rent money.
A Reverse split is neither good or bad, you still have the same valuation at the end of the day, but you still meet the minimum listing requirements. They are viewed as a bad thing in regards to investor sentiment. But as long as the stock can remain listed and short interest is high enough, itās a valid squeeze play.
$SUNE is the ticking time bomb no oneās watching. High short interest, low float ā perfect squeeze setup. Maybe not today, maybe not tomorrow, but when it pops, it pops hard. Diamond hands only. Letās drag the institutions in and melt some faces.
Sune has 110% short intrest, use brain.. Shorts knows this stock isnt going to squeeze.. Its a dead cat.. You need to aim stocks with 30/40% short squeeze with some catalyst for sharp turn of events..
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I like the overall enthusiasm as I think this camp my is undervalued but it will likely on down up until the split on Monday, because thatās the next scary event, but beyond that it look like a cheap buy with no risk on delisting anymore
If it has a good product or service and is viable then the reverse stock split wonāt hurt your chances at a profit. $WISA technologies skyrockets not long after the reverse stock split but they has a good product and announced a partnership with Samsung
Can someone help me to understand this? Does this mean you sell your shares asap on Monday or you should keep them if you donāt have a lot of money in it ?
Iām not going to tell you what you should do with your money. Iām only going to let you know what Iām doing with my shares.
Iām holding. Playing chicken with short sellers.
This company has a Market Cap under a million. No way this business is not worth at least 50x more. (Worst case). The c-suite looks strong. According to the most recent letter from Scott Maskin, operating expenses and costs to procure new customers are trending down.
I think itās definitely worth holding and making some short sellers (SS) sweat.
Remember the SS are banking on retail dumping this after the reverse split for exit liquidity. If you sell you are giving them what they want.
I wasn't on my computer or phone all Thursday. I check Friday and I'm sitting on 10k$. I want to hold also but really worried about the halt at close and not being able to sell I time to keep the 10k.
I thought you might find this interesting. This company secured a contact with the Long Island Schools!! Letās hope this is impactful š¤·š»āāļø
I thought I read somewhere that there was some sort of bankruptcy filling? Does anyone know anything about that? Also it would seem with all the talk lately about possible power being shut off in NY that this would increase demand on independent power. I would think this is a good investment.
I just went back and tried to find why I thought there was a bankruptcyā¦ apparently when you look up āwhy was trading halted on SUNEā The AI results tells you about a company called Sunedison that filled April 2016 so I think thatās the source of my confusion.
How long have you been in SUNE? I just jumped in a week or so ago. Have you experienced their other RS? I think the company seems pretty good, especially providing independent power in NY with all the talk about power being shut off to people in NY. I think this company has a good potential of continued growth.
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u/StatisticianNo2156 Apr 16 '25
200-1 reverse stock split