WATCHING YOUR MONEY DISAPPEAR
You don't have to wait till the RS to watch your money disappear. A reverse split does little to change that. If you bought above the split price, it already happened, you were the star witness. It was a bad buy, they guy the mirror told you to do it.
Reverse Split Downside
RS's only dry up the chance for a big uptick, that's it, no boogey man under the bed. We've all bought duds, so onto the next trade. RS's don't cause you to lose money, unless you hold long after, in which case, time to have a another chat with the guy in the mirror. There are plenty of ways to get your money back, including other good 0001's.
Happy trading!
