Dreaded Reverse Split

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·@brian.rrr·
0.000 HBD
Dreaded Reverse Split
Hi Friends,

One of my speculative plays did a reverse split:


![44E8A1B0-2032-4AC0-B2EE-E14999E6DB8C.gif](https://images.hive.blog/DQmZnzf828KDBhwyeqjU6wRfsre43cVgMHLUMVEDuLzb1wq/44E8A1B0-2032-4AC0-B2EE-E14999E6DB8C.gif)


Seems reverse splits are always bad for the stock price after the reverse split:

![631FA549D61A48DFBD650EB69979F490.jpeg](https://i.imgur.com/AEcL3Yw.jpg)


I know the stock could have continued to go down even without the reverse split, but it still always is bad news for the stock price based on my prior experience.

Might be a chance to grab some cheap shares though, so I am going to monitor this one further - I do love the junior gold mining stocks.

Thanks for coming by,
Brian

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@brian.rrr/dreaded-reverse-split)
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