Reverse splits are generally not good for either the company or the shareholders--sign of weakness. Not always, but more often than not. Hasn't done Citi Bank any good. I do not get the supply/demand argument--let me see, should I buy 10,000 shares @ 0.03 for $300 or should I buy 1,000 shares @ 0.30 for $300?--it is kind of like--which weighs more, a pound of feathers or a pound of lead? The value of the company does not change one bit by doing a reverse split. What will change the value of the company is cash flow or if the company buys stock back and thereby limiting the supply. JMHO