That smacks of mumbo-jumbo.
Nobody needs to be interested in ‘I knew a guy who …’ nonsense sorry anecdotes.
Please either point to some study or analysis that correlates consolidation with a price drop or don’t bother amplifying quack ideas.
Many here are advocating NASDAQ listing asap (not moi) and if that comes about any time soon then consolidation will be mandatory. NASDAQ does not allow ‘penny stocks’.
Do you believe that new entrants to NASDAQ generally suffer a fall in SH value? Of course not.
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