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Strategies & Market Trends : CHRB, going above $5.

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To: spider who wrote (35)4/6/1997 11:30:00 AM
From: Michael J.Harkins   of 145
 
It's amazing how soon we forget. Before the split this stock traded between .25 and .62 routinely. Thats would be $2.50 and $6.20 now.The psychology of splitting is obviously working. Everyone is getting excited about going from $2.50 to $5.00. I bought this stock at $.74 which is $7.40 now with the hopes of going to $5.00 a share which now would be $50.00. Seems like a long way off. And they wonder why investors regard a reverse split as nails in the coffin. Happy Trading, Mike
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