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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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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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Poster Handle
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Anonymous Coward |
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Post Content
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Quoting: Anonymous Coward 74967224 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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