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Microcap & Penny Stocks : STGA - Saratoga Brands - Company Split

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To: Jim B who wrote (14)1/31/1997 2:31:00 PM
From: david james   of 162
 
I certainly wouldn't let go of this stock when its moving like it is.
Sometime in the next month or two, this company will split into two. So lets say the stock is trading at 2$ share. One day, you will suddenly own stock in two companies worth say 1$ per share, or whatever they decide its worth. I will try and get more info on when
the split-off day is. But if you suddenly see the stock drop by half
don't panic, you probably haven't lost money. In fact, the stocks together may well have more value than the single stock.
David
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