Bingo !! You are right. Stockholders in the pink world will run like their tails are on fire at the mere mention of a R/S. We've all been burned in the past.
One thing I haven't seen anyone mention is that after the split, it can take a LONG time before your broker will make those shares in your account available to trade. While you are waiting, "someone" will be selling.
Fool me once: ATRN from Naz to pink to Naz.....NOT
Fool me twice: CERP from Naz to pink to Naz.....???
Yeah, yeah, I know CERP isn't pink, but you get what I meant.