re: EXXI - hitting new lows everyday

I was just playing around with their investment calculator on their website (which BTW, might be a good idea to remove that) and here is what a 1,000 share investment on May 31, 2007 would look like today. That is with dividends reinvested. NVM: Chart not showing up properly. But nonetheless, a $5,300 investment in 2007 would be worth $2,296 today.



Also, two questions, anyone know why they did a reverse stock split in January 2010? And the next, what does that usually indicate, or why would a company do a reverse stock split?