I was thinking the same thing. Another reverse split a few days ago and it is right back down again. Same thing over and over again. Seems like a huge fraud that is allowed to continue.
Haha Another RS today after going ex-dividend at 7:1 so if you had 8,000 shares roughly when, the year, started you'd be down to 1. Overall, it's like 11M to 1 share! Article in WSJ, a few lawsuits, and GE really sticks it to shareholders. I'm only posting this as it RS so quick, I may lose track.lol