RE: Guardian/Fleet are the lungs of SEE13 Jul 2019 21:55
sgreen - I concur. It is indeed a fallacy. OXB is a classic example of such fallacious thinking. Reverse splits do not promote the price. Only an increase in equity (shareholder ownership) can encourage the price higher. Stock splits, reverse splits etc do not improve the fundamental equity value of the business...only fundamental factors will drive the price higher (more sales, more profits, higher EPS growth rates, dividends, more contracts etc etc..and of course a takeover)