This isn't complicated - ZLCS now has much less shares - thus supply and demand...look for big jumps tomorrow from $7.20 to $10.00 .. if you suck at math you won't get it....this is a very smart move and I personally voted yes for the reverse split...
Sentiment: Strong Buy
Less Shares owned, total amount of authorized shares has not changed, as referenced below:
As found on their website under the investor link and FAQ doc:
What effect will the reverse stock split have on the total authorized shares of Zalicus Common Stock?
The total authorized number of shares of Zalicus Common Stock will remain at 200,000,000.
U're right hozay..
Every stock is up every time there is a reverse split. They will PUMP up like 3-4 days in a row. I don't think ZLCS will do opposite ....If they don't pump up tomorrow, then the Z160 phase 2 is good. If they PUMP up like 20-30% in 3 days, then PHASE 2 is bad. I am a shorty..i just want them to PUMP PUMP..i don't care about long run...i want to get out within 2-3 days