no 50:1 does not mean .02
$AiRWA (YYAI.US)$ for those of you who dont yndersrand how this works a reverse split does not decrease the underlying value of the stock. the company wants to regain compliance to do so the minimum stock price pre split has to be .02 but when the rs happens the stock proce will reflect previous eod x 50 and your share count will be previous eod /50. so lets say you own 5k shares when the es goes through you will own 100 but ar .1 per share it will be $5 per share.
what this means for the squeeze and why are they doing this. rs splits on stocks with high levels of synthetic shares force those shares to be recovered. so if for example there are 1M shares short the shirts will have to come up 2000 shares. sounds like no problem but when the free float is going to be reduced to 64kish shares and one guy owns them then its much harder. like wise market makers will have to settle all the shares they have syntheticly created to keep liquidity going running data through an AI thats at least 70M /50 means they have to reconcile 1.4M shares on a free float of 64k
this is not bad news it doesnt kill the play youre shares are not automatically losing value it should force shorts and FTDs to be reconciled which us exactly what we want
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Strong Like Bull : Betr is a great example…look what it has done after the Reverse..
Leigh LFG : exactly
Raymond chin : They don't understand
there are too many shorts in the market today 
stocksMoxz : @Strong Like Bull tell me more. should I buy more or wait?
Benjamin Jiang : A short position without options should not be that severe, right?