Been reading around and saw some posts about reverse splits and more share printing so figured Id try to mention what I feel. The creation of shares has several impacts but overall here it only is of major concern when a large number appear and dumps happen withing weeks or months. Although this happens occasionally with pinks and otc cannabis stocks generally its been at a lower price so that members can make some "fast money", just my 2 cents someone correct me if Im wrong. Current business shows however that share dilution is not in RMHB favor atm, at least not until the US/China connection has been properly established for both parties to take advantage. Also in regards tho a reverse split it also seems unlikely atm also at least at minimum a month+ but still not likely to happen anytime soon. There were questions on Ihub about whether it be +/-. To that end generally in my experience reverse splits do increase pps but directly at a major cost of shares owned; and usually there are alot of sell orders around those times until hopefully picking back up (but that has been my experience in biomed). Overall though atm I think RMHB will probably still stay up in the beginning of the week and possibly through it. However nothing is certain and my feeling is somewhere around high 6s low 7s a chunk of investors who regularly move the stock will try to cash in but many long holds will stay considering all the recent action and not wanting to risk missing out. Keep an eye out for news because although things have been rocky on this mountain at times hopefully we'll be flying high with a safe n steady climb!
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Rocky Mountain High Brands, Inc. (RMHB) Stock Research Links
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