reverse splits, while like regular splits, are just numbers
games, however, there is usually something toxic under the
surface. you won't loose much by using RS's as indicators(negative). The only times that an RS presages
a rise in stock price and health of the company,is AFTER
a company has hit a bad patch, put itself back together and
is on track. The RS can lift the stock price to a level that
can qualify for relisting, purchase by mutual funds and
be marginable, but that means that the company is back on
the rise, not fighting for survival.
Semi manufacturing hit a very mature level about a decade
ago, ever since, there has been huge excess capacity .....
best bet for investing in chip makers is to pick the one
that will buy up the others and force some out of business,
probably will be INTEL, but they have so much anti-trust
focus, I doubt that they will be able to anything, AMD is
on life support and none of the chip fabs have any R&D ...
my advise is to stay away from semi's ... later ... garce