It is when the rate of growth isn't enough to outpace cost. RS's have to be timed right with growth so there's not much, if any, lag time before buying pressure due to a tier change starts to climb and hold the pps up. If the split was used more to keep the stock from sinking into the abyss and scaring off investors, there's always a chance that the valuation will continue to struggle and even fall some. I haven't looked closely at them lately to see if the stock was undervalued or not, but that may be the case. If so, it could see a nice pop when it corrects, but I have no Idea where they stand growth wise. If they see that, they'll probably make the move to the big board if revenues can support an uptrend in valuation.
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