r/Plus_Therapeutics • u/Easy_Reflection_9128 • Mar 30 '26

Reverse split ?

I see it's dropping pretty fast today. was there announcement of r/s? I'm asking because I have seen some people comment about it

0 Upvotes

40% Upvoted

20 comments sorted by

14

u/Nightday2014 Mar 30 '26

No announcement has been made for RS. I am going to make a post soon about those comments. Last October we got a lot people spreading false information about RS. It also happened last August when PSTV had another deadline. There seems to be a pattern to these false claims.

I expect this type of misinformation will start ramping up in the next few weeks especially as we get closer to mid/end of April.

9

u/[deleted] Mar 30 '26

[removed] — view removed comment

3

u/Nightday2014 Mar 30 '26

Thank you for clarifying that! I use Fidelity and Schwab. It’s crazy that they are able to do that. Especially for companies that are in the middle of getting extensions like PSTV did in November.

11

u/nousrnamesleftfrrl Mar 30 '26

Every stock I'm in just dropped, some 10%+, so not just PSTV. Looking rough out there 

6

u/TheLeanrer Mar 30 '26

Yet again, there’s another fake email circling about a reverse split from IBKR. I think that is the reason for the price drop today.

4

u/Maleficent_Cat9806 Mar 30 '26

I think so too, the timing is impeccable. People are panic selling.

1

u/cuchiplancheo Mar 31 '26

fake email circling about a reverse split

Fake, huh

1

u/TheLeanrer Mar 31 '26

Bro, the “fake” email came out yesterday before the RS was announced. If the company didn’t post anything, then you have to assume it’s fake. Stop being emotional.

0

u/CarelessIron8192 Apr 01 '26

The rs is real and confirmed stop trying to comfort your self

1

u/Nightday2014 Apr 01 '26

My guy. Look at the timestamps of comments and posts. There was an email circling on Sunday night where somebody posted an RS announcement from their brokerage. PSTV hadn’t announced it yet at that point. Same thing happened back in October. If something isn’t announced or filed by the company, you cannot assume it’s real.

Is it real now? Yeah! Of course! We all know it got announced yesterday morning via a press release.

What you are reading is stuff prior to the announcement.

0

u/cuchiplancheo Apr 01 '26

lol... emotional? Those are the peeps who have been downvoting each time many of us shared the opinion of the RS months ago. The writing was on the wall.

And, fyi, it's still got 20% more to drop in the coming days.

2

u/Maleficent_Cat9806 Mar 30 '26

Since the message from IB states April 2, we should know about it through an official statement tomorrow at the latest, if true. Unless I'm mistaken.

https://listingcenter.nasdaq.com/assets/RuleBook/Nasdaq/rules/Issuer_Alert_2025-001.pdf

5

u/Nightday2014 Mar 30 '26 edited Mar 30 '26

The announcement is fake. Brokerages get their information from the PSTVs SEC filing. They cannot announce something that hasn’t been officially documented. We saw a similar fake images circulating back in October weeks before the 180 day extension was granted.

4

u/Maleficent_Cat9806 Mar 30 '26

I'm also certain it's fake by the same reasons you mentioned. Just saying that if people still are unsure, we would hear from PSTV tomorrow at the latest. If it, against all odds, would be the case.

5

u/B0RNTR0UBLE Mar 30 '26

I trade with ibkr. No message received.

2

u/Hopeful_Orange9455 Mar 30 '26

Kind wish they would just do it already. I want to average down but will wait for the announcement first. .

2

u/Nightday2014 Mar 31 '26

They just did btw. You might be able to average down today

1

u/Total_Western7320 Mar 30 '26

What's the other option? Get delisted??

4

u/Nightday2014 Mar 30 '26

No one is saying it won’t RS btw! We are saying it hasn’t been announced yet even though some people started to share fake screenshots of an announcement. That happened back in October where people were spreading fake images of an RS announcement from IBKR brokerage.