Lots of people on this board providing good dd on both sides of the argument....but lots of others telling people telling what they should do/think.....I've done my own research and dd and I personally am in favour of it....the rest of you should take a break from this board and make up your minds as well....with all the facts though.

MC

New research indicates that reverse stock splits are usually good for investors.

According to a new report by Cleve Rueckert, Birinyi Associates senior equity strategist, there have been 14 stocks in the S&P 500 since 2000 that have undergone a reverse stock split. Of those fourteen stocks, twelve were higher one year after the effective date of the reverse split, two were lower. The average gain was a gigantic 62.55 percent.

The best performer: Titanium Metals . Titanium Metals rallied 350% in the year following the effective date of its 1:10 reverse stock split on February 18th, 2003.

The worst performer: Tyco . Tyco lost 25% in the year following the effective date of its 1:4 reverse stock split on July 2, 2007.

Citigroup announced a 1:10 reverse stock split Monday, effective after the close of trade May 6, 2011.

Here is the full list:

Reverse Stock Splits

Company

Stock Split

Effective Date

Pct. Change 1yr

Lab Corp. of America (LH)	1 for 10	5/4/00	121.49%
Raytheon (RTN)	1 for 20	5/15/01	51.64%
Titanium Metals (TIE)	1 for 10	2/18/03	350.95%
Priceline.com (PCLN)	1 for 6	6/16/03	9.71%
Intuitive Surgical (ISRG)	1 for 2	7/1/03	29.78%
CBS Corp. (CBS)	1 for 2	1/3/06	20.61%
JDS Uniphase (JDSU)	1 for 8	10/17/06	-5.48%
Tyco (TYC)	1 for 4	7/2/07	-25.00%
Discovery Comm (DISCA)	1 for 2	9/18/08	114.34%
Time Warner Cable (TWC)	1 for 3	3/13/09	90.32%
Time Warner Inc. (TWX)	1 for 3	3/30/09	84.87%
American Intl. Group (AIG)	1 for 20	7/1/09	87.39%
E*Trade Financial (ETFC)	1 for 10	6/2/10	2.80%
Motorola Solutions (MSI)	1 for 7	1/4/11	4.83%

Source: Birinyi Associates