ilmscore | Prediction Details
"currently there's some movement uh by Regulators to actually put an end to this small cap cycle of reverse split secondary offering reverse split secondary offering... they are talking about restricting the number of times a company can do a reverse split before they are told enough's enough you've got to if you can't stay above a dollar without doing another reverse split you either have to be a better company number one or number two you're going to get Dlisted and you're going to move to the OTC market"
By Ross Cameron - Warrior Trading | September 23, 2024 | Pending
From video
How to Trade Penny Stocks 💥 DAY 6 | Small Account Challenge 00:22:13 - 00:22:52
Interpreted Prediction
Regulators are predicted to restrict the frequency of reverse stock splits for companies, potentially leading to delisting to the OTC market if they fail to maintain a $1 share price.

Prediction Details

Topic
Stock Market Regulation

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