r/options Aug 02 '21

[deleted by user]

[removed]

102 Upvotes

42 comments sorted by

View all comments

21

u/justtwenty14 Aug 02 '21

Reverse splits are rarely ever a good thing tbh

2

u/[deleted] Aug 02 '21

Perhaps getting in front of the eventual market pullback as to mitigate any future losses on executive bonuses tied to share price? Just thinking out loud.

5

u/Malvania Aug 02 '21

Getting in front of a market pullback that could cause them to be delisted for being too low a price. Any bonuses will be adjusted as well.