I mean no disrespect to Randy or JacobJ but I disagree with flipping the reeds. As turtle561 said the holes are offset for this reason. Reeds should not be flipped as they are designed to operate in only one direction and if flexed in the opposite direction may metal fatigue and break. If this happens you will have one very pretty but real broken Homelite. I would go for Boyzen or other synthetic reed replacement. They work better than metal and if they break and get ingested do not ruin your motor.
I don't know a lot about reeds in chainsaws but having been born and grown up on an island off the coast I have a lifetime of experience with outboard motors which are still mostly reed motors to this day. Flipping nonsealing reeds in an outboard taboo, not done, NADA!!!! A broken reed in a 150 horse 2 cycle is an expensive problem. Like new powerhead time!! Not to mention they NEVER break AT the dock!!! If you break a little reed 25 miles offshore you had better have a good radio!!
Do yourself a favor and either don't touch them or replace with NOS steel or as turtle said go with synthetic Boyzens or equivalent. Do take a chance and bend or flip reeds.
They are cheap and not worth the risk. Again IMHO....(but not only mine!!)