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Microcap & Penny Stocks : Synergy Brands-SYBR (was KRAN)

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To: marie fouchia who wrote (728)4/30/1998 12:30:00 PM
From: Indiana Slim  Read Replies (1) of 1026
 
Hi Marie,

The reason for the high historical price is due to a 1/25 reverse split last year. It did the split at about 1/8 taking the price to $3.00 or so. The old high is now multiplied by 25 after all the conversions. After the split it dropped to where I picked up more shares at a buck or so. It went back over 3 and dropped back to around $1.50 til yesterday.

Of course, the reason for the fall to 1/8 is explained in other replies.

The company seems to have turned around since then, rebuilding old business and getting into new business like cigars and prepaid calling cards. They are profitable again.

Good luck.

Bill
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