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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Cynic 2005 who wrote (1184)8/15/1997 11:58:00 PM
From: mister topes   of 42834
 
Your post is totally incorrect. Brinker's initial STII recommendation
on TV was at 28 adjusted for the two for one split earlier this year.
He again recommended the stock in January at 16 adjusted for the
same split. He never recommended the stock at 56 because it never
has traded at 56. Look it up. The all time record price is only
32! His January recommendation at $16 is up 50% in six months.
All stock prices must be properly adjusted for splits in order
to be correct. By not correcting STII for the two for one split
you are ignoring the fact that all shareholders now hold two
shares for every share purchased before the split. STII split two
for one earlier this year thereby adjusting the price two for one.
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