ARRRGH. 5 is the threshold for investment by many mutual funds. If everyone is so worried about one reverse split why in the world would you want to do it twice, with the added expenses of another shareholder vote? That's completely illogical.
Personally I would like to see a 50-60:1 R/S so that there is some wiggle room in case the manipulators try to drive the stock down below the fund investment threshold.
Seriously, anyone who is worried about their investment in any stock, should examine their reasons for being in that stock, and if they wouldn't buy it again at its current levels, they should GET OUT. Life is too short to be constantly so worried about one investment. And make no mistake, when you are buying a penny stock, either you are gambling or you are investing. If you are investing in a penny stock, you have to assume that it IS going to go down at some point because of the manipulators or just sheer volatility, and that the likelihood of ultimate reward is enough to keep you in it. If not, it means you are just gambling and you need to regard it as gambling money that you're probably going to lose, so you don't worry about it because it's money you're spending on entertainment.
And for pete's sake never put more money in a penny stock than you can afford to lose, without it affecting your lifestyle.
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