"It's usually a bad sign if a company is forced to reverse split - firms do it to make their stock look more valuable when, in fact, nothing has changed. A company may also do a reverse split to avoid being delisted."
Point noted, but is this the case for SPQ? ..... of course not. It is important to know the reason for the R/S. Delisting is not an issue, are things changing?... most definitely... so how does your explanation of the use of an R/S apply to our situation? It is obvious people are responding emotionally and without due consideration and this is called mob thinking. Has anyone thought that this move is part of an effort to bring parity to the sp so as to facilitate a merger? People need to start asking the right questions so as to not be limited by prejudice. Generalizations should be considered but this area and the companies involved are unique.