MOVE did a 1-for-4 RS, they took a $1.54 pps and swapped it out for $6.16 pps, then it ran to $9.60, a 56% pop. Coeur d'Alene Mines, CDE soared 74% after a 1-for-10 RS at $1.40 four years ago. Laboratory Corporation of America, LH did a 1-for-10 RS in 2000. Then they did a pair of forward splits after that. priceline.com, PCLN had a 1-for-6 RS in 2003 it became a 27-bagger. You might call these exceptions but they aren’t the only companies beating the market after doing a RS. There are more losers than winners after a RS but that should be expected right? Most companies RS because their share price is to low and that doesn’t happen by accident right? Most are desperate and already headed for zero before any exchange adjustment. The RS is only a tool and not the actual reason they headed that direction. Investing that avoids reverse splits is like never riding a horse or driving a car because you might get injured by one. Do the dd instead of just assuming.
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