I don't see a reverse split to uplist as a negative for longs at all. That's the positive reason to uplist! That will mean more exposure for us if it's trading on a higher exchange and more mainstream investors trading or investing in the stock. Some people don't want to touch the stinky pinkies...the other exchanges lend more credibility to a stock...IMO.
Now, if a company is doing a reverse split to avoid being delisted from the exchange they are on, that's a different story. But to reveres split to uplist, is NOT a bad thing at all and should and could be positive for shareholders!