Agreed. Some think it's bearish, some think there's value
in reducing the number of shares. Who knows. Maybe Culp
gets a bonus when the stock gets above $100.
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It simply depends upon how
GE was mentioned here awhile back. It's one I trade ...
Posted by steve on 24th of Jun 2021 at 11:42 am
It simply depends upon how the company executes over the long run and market backdrop at the time of the reverse split.
Agreed. Some think it's bearish,
Posted by rjdst on 24th of Jun 2021 at 12:31 pm
Agreed. Some think it's bearish, some think there's value in reducing the number of shares. Who knows. Maybe Culp gets a bonus when the stock gets above $100.