RS

talktothepope

Ugh, you realize CGC ran the same damn way on HHS news before their RS right? I don't know what the difference is, but it ain't the RS

Destrego85

Its the time to buy sunshine biopharma SBFM. Yesterday lost 40% after RS, but it has no debt, revenue are 24M (up over 200% yy) and market cap only 3M. It's time to buy

wavychaser

It was never a good time - it only pumped because of a low float and RS. As far as a company, I don’t think it has anything going for it. Good on those who got in and out quick, or broke even from a long hold, but I wouldn’t recommend starting a position. Not financial advice, of course…

four_twenty_4_20

Lol. Tilray is a garbage investment that's really only good for day trading as a proxy for US news. With no change to the tax situation in Canada on the horizon one is much better off investing in tier 1 MSOs. He definitely should have just kept cresco. My serious take, no sarcasm intended. Full disclsure: I own 3 shares of tilray from the hexo aquisition..hexo shares were from pre-RS. I keep them as a reminder how bad some of these LPs are.

Flaky_Advisor_9

All I know is they have an extension till August to comply with 1$ stock nasdaq or it’s a RS

No-Version-2123

so prior to the RS we were at 1.73 so post RS it it worth the same in monetary terms as it was prior to that, anyone else feel like this hasn't really worked out? That is also ignoring it actually a penny stock now

malav_16

Your GT3RS dream is not so far. Trust me

Iwanteverything17

How’s the GT3RS coming along?

zakabog

>not even close to true ..go test drive one ,ultra quite, ultra fast , awd ,handles like it is on rails, bang & olsen sound which is more than decent .. You've described a Ford Focus RS, except for being quiet. I'm not knocking the electric mustang, it's not my thing but whatever floats your boat, it's just that as someone that has owned 3 different body style Mustangs over the years, I don't get why they gave it a Mustang badge.

MigratingSwallow

Happy birthday! Hope this V's if you're holding so you can get a GT3RS to cruise through the Wendy's drive thru with.

givoltage

-60% here as well. The RS really fucked this up. I didn't read about it until it already happened. Anyone pumping this should have mentioned wait till after the RS

RedditDumpsters

Thats probably true since you been around since 2021. However, you forgot to factor in the RS. So $12.50. Nice bags.

Yogurt_Up_My_Nose

saw a RS6 on the side of the road that got hit and run, fuckers destroyed the poor boy and pushed it up on to the sidewalk. :( rip.

Fragrant_Swing9987

Yes, I do believe we will see Shrek’s big green boner . Yes, I do have confirmation bias. Yes, I will buy a lambo AND a GT3 RS at monday market close.

BathLivid6801

This isn't the sound of a future Gt3RS owner. Tighten up!

oknowwhat6

FYI I just found out they are approved for a RS, not implementing it yet though

youngpastey

$agen RS and now trading at $8 😭

Upbeat-School6537

What is the price, I bought before the RS and now it’s telling me it’s 1.83 a share? I’m not sure how this works

amcya1976

I don’t like the RS in this ,will really screw everything up in my opinion. That’s y I’m out

reparative_finance

100:1 RS, right? When are you hoping to get in and out? Might be a while for the price to come down after the RS, may be hard to time.

elyesq

I'm hoping that it's down because of the RS, which doesn't actually change its underlying value, and a good ER soon (May 7?) will bring it back up. Arrrrgh, matey.

SereneSupreme

Not a spike with the RS

JimboJones42O

You’re clearly wording this to make it sound like it’s something they’ve proposed. They have not. They have also never had to RS, unlike WEED and ACB.

AlpsEnvironmental578

$GRRR $GRRRW RS takes place on Monday the 15th with new CUSIP. 10 for 1. We had 2 weeks to fill May 1st deadline plus an 180day extension but looks like were accelerating sooner.

oknowwhat6

They announced a RS this morning. Why are you promoting this?

MtTime420

Look at $ACB for a successful RS.

rooneyquartz

this stock will drop long term and reverse split again. If you’re going to hold then get out soon after RS

ColoSSator

I really hope for some quick spike after RS to quit

Blooooon

I don’t rly know much either but last time I saw an RS it just seemed like an easy way for it to drop to the same amount again, but now I own 1/100 the shares lmao

wavychaser

I think the idea is that the RS puts it on some of the bigger players'/screeners' radar which could lead to some buying and thus a pop. I bought into $WISA because someone casually posted about it and I figured what the hell? Definitely helps to do your due diligence and read more than a day of the company's history - I really don't think there's much value there. Someone on Stocktwits posted about going to the HQ to check up on the business and it had an abandoned feel... But like u/Jeppeje said, pump and dump, just be careful...

wavychaser

Congrats on your KULR gains! I was in ICU for months last year and kept thinking there would be no way to do RS - the float is so low already! I think they have NASDAQ on their side... Who knows, I may hop back in someday...

SoupBand

got rid of my ciss yesterday, because there's not other news I figured it wasn't worth to check it out after RS. I put more money in XFOR on this dip, going to hope it pops The only reason I am handling that ciss loss well is Im in KULR, hoping I don't have to sell

Me_and_MyFriendBeer

Sold the majority of my KULR shares this morning at .90 after buying a couple months back at .14. What a fun stock. Hoping it blows past $1 still today. I’m expecting a dip after earnings. May buy back in if it dips low enough! Good luck everybody $ICU is my next “patience” penny stock, thinking it’ll pop sometime in Q2 so just slowly buying and holding for now 🤞. Hoping there is no RS but we’ll see.

avitoxol

Bought yesterday 46k only to find out bout the RS this morning, so i just sold them for $60 profit 😄

muhab1999

CISS said the same thing about not doing a RS split until August and look what happened. What makes you so sure that JAGX won’t do the same?

wavychaser

Before the RS??? Savage... Let us know how it goes!

wavychaser

I'm on the sidelines for this one, but $CISS could rocket after the RS... Incredibly low float and a profitable company? They may just not care too much about the stock. The RS could right their shares. Just my opinion, what do I know? To the bagholders, let's hope!

cyrptoearner

A RS is never good in the OTC. I have never witnessed a stock recover after a RS. In 3 to 6 months I bet it will be under a dollar again, if there is any type of dilution.

TommyMoses

NRGV is flying under the radar, very attractively priced, no debt, plenty of cash, high profile investors, the market hasn't responded to them yet. Meanwhile they're setting up money printers left and right, therefore scammers from Chardan downgraded it recently - and since they're wrong 3 times out of 4 - it's always a "buy" when they say "sell" 🤣. The events in the next 30 days include presentation in Dubai next week and earnings early May. Their groundbreaking micro grid project in Northern California is coming online later this summer with a chance to revolutionize energy storage worldwide. Huge potential, not a "pump and dump" scam like KULR (with RS and heavy dilution on horizon before potentially getting kicked out next year).

Extension_Win1114

It’s usually to stay in compliance with the exchange they’re listed on. I’ve yet to see a RS be beneficial in recent times in my small world, I’ve been in the last few big name RS’s. With my broker, when a RS split happens my shares are in limbo for a week while it sorts out, and any chance I had of selling for profit gets washed away as the price comes back down after the RS. In short, personally, I’ve yet to have a good break with a RS

olstun

Has CISS any chance of recovering after RS?

Marketspike

The unfortunate fact is that most of these stocks are good for trading--taking advantage of short term momentum. Sure--everyone WANTS to be able to discover a diamond in the rough--that you buy in and keep for years. But there are too many variables that come into play--like competition, bad luck, dilution, bad management etc. There is rarely any research on these stocks--just pumps and promotion. Oftentimes right before another capital raise and/or RS. But there is money to be made in these nanocaps--you just have to be willing to "sell too early" and not let it bother you. That is the price you pay for managing risk and booking better than average profits. JMO

tstrand1204

and regained it without doing an RS like everyone else

Shazam_1

GRRR is a weird one. Lots of good news recently but it just keeps going down. I know there is a rumor of a RS going around but I can't find any concrete information on whether or not that is true.

Gr8Hortoni67

Waited too long, at least I wasn’t too late. Got out at a $2 loss as soon as I saw the RS. Learned not to FAFO after T2 disaster last year. I’ll take a break even. Better than nothing…. Or everything. Lol

Gr8Hortoni67

Just announced RS

Pongole

I bought $LMFA last year on a german broker and now after the RS I can only sell it on NASDAQ which does not work because the stocks are stored wrongly. So after all I cant sell at all.

reparative_finance

Same. I’m trying to figure out what the hype is for this stock. RS usually spells disaster for shareholders, so I’m probably going to pass on this play.

yungsta12

BETS issued cashless warrants and performed a violation. What exactly did GDHG do? They have an extension until 8/6 to each $1 and will likely get another 180 day extension on the basis that they never diluted, issued warrants, or did a RS. They have a clean balance sheet and have profitable earnings. They did a third party audit from a PCAOB registered accounting firm from Singapore. What exact evidence do you have of the fraud? Everyone points to Hindenburg's short report which has been officially removed from their website.

boilerup1710

a RS means stock price drops usually

cyrptoearner

Also make sure the company has a history of RS and heavy dilution.

General_Tangelo_1032

Future GT3RS owner? At this rate it's looking like the Honda ricer 🗿

reparative_finance

I love how you didn’t mention any of the bad things in your post at all. Like you didn’t even mention how the founder is a habitual failure, and this is his 2nd (failing) attempt at a car company. Love how you also mentioned a RS as if it would be a good thing for shareholders. The price will tank again, and the process will need to be repeated unless they fundamentally change the underlying problems with the company (please give HMBL a look if you need clarification on this). You also dodged how they don’t actually own their own manufacturing processes at all. This is the best example of a mindless pump I’ve seen in a while. If anyone is considering this lotto ticket play, I think that doing it AFTER the reverse split (and the drop in price thereafter) is possibly the way to gamble on this. Not financial advice.

Almuric77

Well said bro. I would just add odds for Nikola avoiding RS have increased to 80% after Friday close.

options_wizard

Guys i take back everything i said. Please do not buy PAA. I need lots of wendy's dumpster attendants and burger flippers to drive past in my GT3RS

Bossie81

Everybody knew the RS was coming...

lobo2r2dtu

Well, I don't disagree with you. I've been in Fisker play for a while and out since before RS. But they are not dead yet, aren't they? Circumstances can change. Why would they engage Deutsche bank and PJT partners if they were dead. I don't think they sunk yet. But I'll be the 1st one to admit when they do. Cheers 🍻

wavychaser

I think it s known that they will do a RS and somehow the outlook is still supposed to be good for the company. It was intriguing, but I stayed out.

Intelligent_Belt_564

AWIN free float is 420k and thy just did a RS 2 days ago. Any volume and she pops

TommyMoses

Oh it will be at $5 or $10, but only after RS, while your cost per share will be at $100... https://www.sec.gov/Archives/edgar/data/1662684/000110465924027120/tm245772d2_def14c.htm

Wwhite93

You can get 911 for that price just not a new one or the GT3/RS.

Wunder_Bred

Might have to put that GT3RS on hold

AgInAustin

The RS seems to be off the table since they aren't doing the direct uplist anymore. This is from their shareholder letter on Jan 29 "It will also avoid the potential need for QIND to conduct a reverse split which as longstanding Shareholders will know, we as management have always tried to avoid." [https://data-room.center/Data/ILUS/Letters/2024/ILUS-Letter02.pdf](https://data-room.center/Data/ILUS/Letters/2024/ILUS-Letter02.pdf)

yungsta12

They have until August 6 to regain compliance with the $1 minimum listing for NASDAQ. Could apply for another 180 day extension if needed and I feel like they have a strong case to get it granted. They have never done a RS, issued warrants or done any dilution along with a profitable business model. I believe the $6 million buy back is their backup plan if needed.

four_twenty_4_20

CGC now only down 97.49% on the 5 year chart. Woo-hoo! /s Grats to all who bought in since the RS.

wagwagwai

I don’t hold CGC but the people who bought after the RS definitely have a raging hard on right now, and rightfully so.

Few_Refuse4469

Wow, $1.08 pre RS!

SceneSlow2

I will never own a GT3 RS at this rate

reparative_finance

What is the RS ratio? When is it supposed to happen?

JojoTheEngineer

Does it actaully have any fundamentals behind it or is it just copium that they dont relese PR with RS

Gfnk0311

How are they connected?? Hari runs the chat, and the live events. But i guess he’s not affiliated? The wiki is bare bones stuff that anyone with a brain can find on their own. MarketSurge is a good starting point to find RS/RW names, they’ve been doing way longer they these fools. I just cant stand them for being so hostile towards actual real traders who don’t adhere to their “paid service” system. You will get banned and blocked for anything that questions their method or why it doesnt work. Hari hasn’t been trading long enough to have his fragile little ego he has now. I think he has people above him, funding him, pulling his strings. That’s why you wont ever see a personal brokerage statement from him. His a grifter like the rest, but does a decent job at it. No real traders making significant money, spent their free time away from their kids writing wikis and making subreddits. Let’s be real here guys

talktothepope

Reverse splits didn't beat them down hard. Being complete ass did. Correlation/causation. I need to make a bot to say this over and over again. Also, that Canopy isn't pumping because there's less shares, because math lol (and if you need proof, try explaining their crazy pre-RS run in August lol).

mw_37

You cant just walk into a porsche dealership and buy a GT3 RS. You have to be a preferred client to even get a chance to order one (you arent and never will). Or just pay 100%+ over msrp like a chump

Need-Some-Help-Ppl

I am sure hot wheels will make you one, if not Alibaba has some scale models of the GT3 RS you might be interested in. But put the left over money into NVDA or AAPl and just wait it out

Affectionate_Fix8401

$1 coming in 2 weeks with this momentum. This IS the play for the week imo. They continue signing contract after contract. CEO acknowledge shareholder value; no RS, dilution, etc. Plus the car automaker isn’t announced yet. So much 🔥😂Props to whoever started the KULR trend in this Reddit

talktothepope

That's not it though because it also ran in August before they did the R/S. And the same amount of money moves the stock the same amount regardless of an RS

pwack06

Same. I need a new car, and would like it to be a) three rows and b) an EV. Right now, that basically means a Rivian RS1 or a model X. But I can’t even bring myself to look at an X thanks to this asshat. Is that reasonable? Maybe. Maybe not. But it is the truth. And it’s why demand is dropping.

Shalomboys

Nope not one RS in the stocks history. Cash flow positive. No debt, no notes issued ever. This stock clean as a whistle might as well be a blue chip.

jsinvest09

1.8 billion shares outstanding ??? RS in the future.

Degen_Checkers

If you look at the IGPK history the custodian who sold the co to the merging in entity also did the same thing in the past (sold a shell to a chineese co who did a RS). and keeping in mind Rosen seems to have gone all-in on this one, well aware of how some of his past cos he has backed have done, I do NOT find OPTI to be very sus. Always be careful, but if this were a horse race sign me up for the guy with a lot on the line and something to prove.

SmokedduetoTLRY

I would live to do that. But here is my story. I own 4500 VFF @ 6.9$, and just bought another 1000 at $1.25. I own $CLOV 6000 @7.55 . I own $AMC @ 19.25 average (after RS). Recently bought 100 shares of $TRUL and 100 shares of $GTII. So now out of money! I don't know but ,i am not going to loose till any one of it is bankrupt. Money is the problem otherwise j would bring my TLRY to $5 even. I have been in space since late 2017.

rjun212

The crypto market has run up rapidly in the last couple of months. Charts suggest that the rally is yet to be completed. The total crypto market dipped by just 20% since mid-march. Briefly slipped below the 21 SMA and has retained the 10 and 21 SMA. The volume Weighed Avg Price has been acting as support which is also a good sign. The big red candles are concerning but selling has subsided in the last 7 odd days with some pocket pivots popping up. The RS line is indecisive but gradually moving upwards. Better be long here as the trend has been heavily bullish ! The break of the inside bars on either side will confirm the trend.

TheDoctor261987

It’s not going to do an RS. A buy back of $6m is in place. Along with 30-40 new parks to be built in Indonesia. At the end of the day it’s up to each individual on what they want to do. But don’t make things up like RS that are not even on the table.

sergfro

it will hit $6 once they do a RS..otherwise goin back down to 30c

memewars_doge1

Good DD. EPS is about 3.6 cents per share. Allocated 3% of portfolio will increase to 5% if it goes down more. Buys like this in this market are rare. Sucks they have the ability to dilute with exercised options but it is what it is. RS is no issue with market cap so low. Good luck mate!

Beginning_Reward_487

Don’t care about breaking even anymore. Missed getting out before the RS so I was in deep shit anyway, just glad to see some action rn. Let’s see how it’s gonna work out

nephilump

I'm really happy with this post. I'm holding 5k shares at .035 ish. I started accumulation at .025. From the looks of it, it's a significantly undervalued stonk. So I've been wondering what, other than the incoming RS was keeping this price down. Lots of good points here about the risk. Still, all said, I think it's worth more per share and it's unlikely that it will stay under .05 forever. The question, in my mind, is if it will get near a .25-.30 price. I'd be happy with anything over .10. Dice rolled...

Frankelstner

Can't see your comment anymore. The company offered 120M units consisting of one share plus 1.5 warrants each, just two weeks ago: https://finance.yahoo.com/news/c3is-inc-announces-pricing-6-122200461.html The company offered 28M units of the same kind in January: https://finance.yahoo.com/news/c3is-inc-announces-pricing-7-135500126.html These are 148M basic shares, which increased the basic share count from 8 to 156. The diluted share count is increased by 148M*2.5, i.e. up from 22M to 392M. If the underwriters used up their 15% there might be even more shares (I found this a reasonable assumption when mentioning 20 times; the underwriters have 30 days during which they can get shares at a fixed price, what's not to like about that deal?). Also, your PE calculation is actually off, the PE would be 0.25 because they made that much in a quarter. Question is, why does a company that earns its entire market cap in a quarter need to dilute that much? Can they really find no other line of credit? The company is not trustworthy and has diluted three times within a couple months. At this rate they will dilute again next month. The financials are insanely good. But management is only there to fleece investors, hence the depressed price. They could have borrowed money to pay off their ship and initiated a buyback for a tiny fraction of the quarterly income, which still would have amounted to a buyback worth the entire market cap. Instead they diluted and now need to RS.

muhab1999

You’re not talking about the fact that the coming is at risk of being delisted which is the reason they’re doing the reverse split to begin with. I still think that this is a great long term play but I wouldn’t touch it until after the RS

SkepticAntiseptic

Some smaller ones doing well are GRUSF and TSNDF. CGC is the most volatile and constantly at risk of RS. TLRY hasn't been doing well but they are diversified and could turn it around. GTBIF is actually profitable and doing the best of the large companies IMO. Also you could just accumulate MSOS and chill.

LeBaronDeSandwich

Explain to me like I'm high as a 5 year old Why is the gain on CGC not so much due to the RS? If I had 10 stocks ( 1 stock 1 USD) with total value 10 USD and now I have 1 Stock with 10 USD the percentage gain is the same?

bigsilverhotdog

VFF cannot be stopped. I regret not expanding my position which I kept small on fear of a RS to remain listed.

watkisean

Of course I have. There’s tons of ways that companies do this. Look at Canoo which did a RS to stay above $1, which after positive news right after is now up above $3.

redditoroflittleuse

Yeah I bought into that hype and learned a lesson by holding the bag. Just didn't think the day after I sold it, it'd spike. Had already been burned by other penny stocks RS and dropping. Oh well.

Connect_Seaweed4285

I like the stock. Highly undervalued. Solid financials; I don’t see RS as an issue. 10bagger imo.

wavychaser

How is a company planning to do a RS de-risked?

wavychaser

Any thoughts on RS?

yungsta12

That is fair.. never done a RS or issued warrants. Not sure how many MULN has done at this point. I think they can organically achieve compliance esp with a fundamentally strong balance sheet.

Ysmenir

Dunno, but I could buy 2 Tesla model 3 performance for the price of a single Audi RS3. And maintenance is much cheaper on my Tesla than on something similar. And so far I didn‘t have any problems with repairs.

four_twenty_4_20

30 pre or post RS?