In the 2013/14 time frame, the ARNA MB had one of the most Posted-to
MB's around ( more posts than the Apple MB by a long shot).
The Longs on that MB were "long" longs'; folks who had established sizable positions in the preceding years
when the PPS was running at $5 and well above.
At that time , 2013/14, the PPS was running between $4 and $2 and folks were
holding their breath for a return to $5.
By early 2016, the PPS had visited $1.30.
Not $5....... $1.30
The chart below shows when the 10 for1 Reverse Split happened in 2016 and what happened for the rest off the year.
No, no. no, berk ! CRMD won't fluctuate like this at all !
The PPS will be as stable as a rock on the post-split and it will just keep rising after that !
And unlike those poor Longs in ARNA ( especially above $5) who got years of fresh paper bags for their holdings,
any Legacy Longs in CRMD will be compensated within months of the split !
Now, if that's what you are thinking, please let know,
With enough responses I will purchase a used School van and start a return trip service for those
who originally came into town on the back of a turnip truck.
Btw, the OBV indicator is the best tracking device on that chart for "quality
See the sawtooth patterns in the OBV ?
Yep, those same Institutions are trading it like a couple of pimps passing around their favorite crack whore.