Have there been reports that NM is buying back shares. If so how many shares, and when? Not challenging you, just looking for facts to help make intelligent decisions, rather than just hopeful ones.
Morgan Stanley downgraded CMRE and forecast a huge dividend cut. You can see report on Yahoo Finance by putting in Costmare Morgan Stanley. Sorry to be the messenger of bad news.
The stock prices that decline after a reverse split do so because earnings continue to deteriorate. It's not the reverse split; but the financial condition of the organization.