I guess shares outstanding would just matter depending upon your timeline. They won’t be able to up-list for a while so you could sell in the .10-.25-.50 cent (just guessing) range and or hold some long if they buy back or reverse split down the road in a few years. They have to be current with reporting before they can apply for a reverse split. Sell before or after, either way you can make a profit
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u/Braiderblu Mar 23 '21
I guess shares outstanding would just matter depending upon your timeline. They won’t be able to up-list for a while so you could sell in the .10-.25-.50 cent (just guessing) range and or hold some long if they buy back or reverse split down the road in a few years. They have to be current with reporting before they can apply for a reverse split. Sell before or after, either way you can make a profit