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Strategies & Market Trends : CHRB, going above $5.
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To: CJ Mark who wrote (47)4/15/1997 9:36:00 AM
From: Mohan Marette   of 145
 
CJ and all,
Say, I know CHRB traded as high as $60.00 before the split,but here
is the thing, shouldn't the stock trade at $600.00, post reverse split
in order to achieve the same price????????If it were a regular
10:1 split which occured when the price was $60.00,then at that time
the price would have been $6.00.The current price of $3.00 would have been $00.30 presplit,no? Just an interesting observation,is all.
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