A stock's reaction to a R/S is purely based on the

A stock's reaction to a R/S is purely based on the reason for the R/S.

When a penny stock does a R/S, if the stock is not profitable and the split is purely to sell more shares via dilution (cycles of R/S and increasing the O/S to re-dilute), then the stock price plunges. Or, if the stock price is already plunging, a company might need to keep it high in order to meet listing requirements, and that is a terrible thing for shareholders thus they sell after the split (and many sell before the split).

However, Baltia does not meet either of those scenarios. If Baltia were to do a R/S now, it would be a horrible thing for us. But if they're making 20% profit next year and want to raise the SP to go to NASDAQ, then obviously they would need to do a R/S because the SP will never get high enough to uplist with the O/S they have now.

I'll post examples of successful R/S in the next post.