Hooters is owned by Charlotte, NC based Biotechnology company, Sonnet BioTherapeutics . They had a high of around $54,000 in 2005, to $3.03 today | |
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Anonymous Coward User ID: 72761898 United States 02/16/2021 12:35 AM Report Abusive Post Report Copyright Violation | Re: Hooters is owned by Charlotte, NC based Biotechnology company, Sonnet BioTherapeutics . They had a high of around $54,000 in 2005, to $3.03 today Just going thru some stocks and saw this. Quoting: Anonymous Coward 74967224 [link to www.bloomberg.com (secure)] They had a high of around $54,000 in 2005, to $3.03 today. Okay. You're clearly not an expert in stocks so I'll explain What they did was go through what is called a reverse split. They just did a 27 to 1 reverse split So for every 27 shares you had you now had one. But the price was 27 times higher So that 54,000, was never an actual price that they ever hit.. they hit 2000 once, but after that 27:1 split, it looks like 54,000 And the company's been on a downswing ever since |
Anonymous Coward User ID: 72502664 United States 02/16/2021 12:36 AM Report Abusive Post Report Copyright Violation | Re: Hooters is owned by Charlotte, NC based Biotechnology company, Sonnet BioTherapeutics . They had a high of around $54,000 in 2005, to $3.03 today Just going thru some stocks and saw this. Quoting: Anonymous Coward 74967224 [link to www.bloomberg.com (secure)] They had a high of around $54,000 in 2005, to $3.03 today. No, they are not. First, old article. Second, they were purchased by private equity. |
Anonymous Coward (OP) User ID: 74967224 Hungary 02/16/2021 12:38 AM Report Abusive Post Report Copyright Violation | Re: Hooters is owned by Charlotte, NC based Biotechnology company, Sonnet BioTherapeutics . They had a high of around $54,000 in 2005, to $3.03 today Just going thru some stocks and saw this. Quoting: Anonymous Coward 74967224 [link to www.bloomberg.com (secure)] They had a high of around $54,000 in 2005, to $3.03 today. Okay. You're clearly not an expert in stocks so I'll explain What they did was go through what is called a reverse split. They just did a 27 to 1 reverse split So for every 27 shares you had you now had one. But the price was 27 times higher So that 54,000, was never an actual price that they ever hit.. they hit 2000 once, but after that 27:1 split, it looks like 54,000 And the company's been on a downswing ever since Go look at the historical chart, Cleetus. |
Anonymous Coward User ID: 72761898 United States 02/16/2021 12:44 AM Report Abusive Post Report Copyright Violation | Re: Hooters is owned by Charlotte, NC based Biotechnology company, Sonnet BioTherapeutics . They had a high of around $54,000 in 2005, to $3.03 today Just going thru some stocks and saw this. Quoting: Anonymous Coward 74967224 [link to www.bloomberg.com (secure)] They had a high of around $54,000 in 2005, to $3.03 today. Okay. You're clearly not an expert in stocks so I'll explain What they did was go through what is called a reverse split. They just did a 27 to 1 reverse split So for every 27 shares you had you now had one. But the price was 27 times higher So that 54,000, was never an actual price that they ever hit.. they hit 2000 once, but after that 27:1 split, it looks like 54,000 And the company's been on a downswing ever since Go look at the historical chart, Cleetus. Yea Billy Bob .. the chart is post 27 to 1 stock split.. it affected the entire chart jimbob |
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