Bullish
$SLS So, the 1-for-50 reverse split (RS) is in effect as of 5PM yesterday and trading will resume today with the opening of the market, not sure if there will be any extended hour trading possible. Imo this RS was done NOT for reason of pending delisting, as there were extensions possible and probably expected news stellar enough to push this over $1 organically. So IMO they did not want to go into your first R&D Investorsday announcing their stellar results next week with a shareprice around $.20, credibility wise. Also, as others mentioned, many institutional investors cannot buy stock under $5. So here's the upcoming catalyst list again. Grand results should be released next Friday. RS is just a hickup in the FOMO, which I see continue today and next week, with or without news before Friday. GLTA.
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