Got a reverse split on a speculative stock


I found an interesting company, HYZON, that developed the first hydrogen power garbage truck, which is deployed in San Francisco. I also discovered that there are seven zones being funded to support this type of technology, with one of those zones targeting the San Francisco region. ( Alliance for Renewable Clean Hydrogen Energy Systems (ARCHES) to celebrate the official award of a $12.6 billion investment to create a Regional Clean Hydrogen Hub in California)

So, I went down the rabbit hole.

I saw that their 52 wk high was about $10 per share (pre-split), and bombed when they were accused of misleading the public. I also saw they were struggling to try not to be delisted from the NASDAQ, so I bought in at .08 per share. Seemed like nowhere to go but up. Famous last words.

Within a couple of weeks, they had a reverse split, 1 for 50, and dropped about 30%.

I believe hydrogen is the unsung hero in zero emissions technology, and this company has huge potential upside.


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