Exactly - top traders with the skill to trade through a reverse split did very well.
Prior to the reverse split - which traders who keep on top of developments got a whole trading day's notice of - there had previously been a log jam from 1-tick flippers at .0008 and above (from .0007).
Many amateur traders without the requisite skill to trade through a reverse split sell as a matter of routine - allowing those who know how to trade through a r/s to buy shares much more cheaply than had been available for weeks (.0002).
The r/s allowed very profitable trading to continue throughout 2019 - for multiple $5-figure sums already - whilst maintaining an inventory of shares for an eventual move up to the $1 > $2 range where the relatively few shares still held have an individual tax lot cost basis