$Petros Pharmaceuticals (PTPI.US)$I bought 70k yesterday while everyone selling. For 25 : 1 RS should be .04 a share minimum to reach $ 1 after RS. So today is a big day to price up.
$Petros Pharmaceuticals (PTPI.US)$1-for-25 stock split even at an average of $0.02 current price would only be $0.50 post split. That isn’t even sufficient to regain compliance. Is there any upcoming catalyst they’re anticipating?
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Mcsnacks H Tupack
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Nonprescription Drug Product with an Additional Condition for Nonprescription Use (ACNU) final rule’s effective date was delayed from March 21 to May 27, 2025. They maybe doing the reverse split in order to exercise the rest of the warrants. So they will continue to drive down the price until May 22 and then do another RS of something like 30-1 and put the price back up to around 2-3.00 with something like 300,000 total shares available. Then the stock can run on the May 27 news.
Mcsnacks H Tupack
InvTrdBTC
OP
:
Kinda. But depends. Once it gets to 250-1 within 2 years there are different sets of rules that start to apply. Which set depends on the companies background and any previous violations plus about 20 more. In other words it gets more complicated for an investor to really follow what set of rules have to be followed. The stock market rules are based in how confusing can they be for retail investors that way they can remove any kind of predictability from happening.
Mcsnacks H Tupack
InvTrdBTC
OP
:
For example theres a rule for how many shares can registered for a year after a RS which is 33% of the original float. But this doesnt apply to employee shares, previous warrants, debt shares, or unregistered shares. Since you can sell unregistered shares that can be used in the dark pool it becomes any amount. Or you can sell shares at the 10 month mark since it takes 60 days to process them into shares you can sell on the market. Theres always a loophole.
This_Guy
OPNTU phd Lau
:
the second part of your sentence translated to "what do you think, there is not enough to buy". Not sure if that is what you meant to say but there is enough to buy. It didn't just start to decline it has been in decline for a while now and I have been waiting for this time to enter.
Andy-Lai : Is there or not?
WciStudios : im good, 65% is good for me, good luck all