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This is intended for the big Funds and Trevor knows he is going to beat his numbers each quarter going forward....
This was certainly done with consultation with analysts that count and major holders and I expect Upgrades in the coming days.
With 22 million plus shares short, cover while you can!
Sentiment: Strong Buy
So the analysts know about this ahead of time...purchase the stock cheap...fix their alogrithms so their shares are sold as soon as thr rev. split happens and small holders are scre*ed again..
If THC can't improve their spreadsheets without taking money away from shareholders, as this split will do after trading is done, and with the government on their side....then forget it.
Not all rev. splits are created equal....
This is a Bullish move out of strength as the stock price is at 52 week high and not the other way around....
Those who fail to read the situation correctly, will pay dearly for shorting the stock now as Trevor has just put a floor on the stock with $500 million buyback.