SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Sirna Therapeutics Inc

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: advinfo who started this subject4/17/2003 9:29:25 PM
From: JMarcus  Read Replies (1) of 562
 
On 4/17 RZYM became RNAI and a 1 for 6 reverse stock split was implemented. Reverse splits are usually a disaster. Not this time. On 4/16, the day before the reverse stock split, RZYM closed at $0.45/share. Multiplying that times 6 yields a post-split equivalent of $2.70/share. On 4/17, the stock opened at about $2.25 but in the final tick surged to close at $4.22, for a net gain of over 56%. Total volume was just 33,233 shares, so who knows that games are going on.

Marc
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext