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Started By
Message
Can any of you Gurus explain XRM and their 1000% gain today?
Posted on 5/26/10 at 3:14 pm
Posted on 5/26/10 at 3:14 pm
Went from $1 to 15.65 today
2
Posted on 5/26/10 at 3:19 pm to carlsoda
They emerged from bankruptcy today with a 20-1 reverse split. That means the stock was actually down today.
Posted on 5/26/10 at 3:20 pm to carlsoda
Quick google brings up stories about bankrupcty, so I'm guessing it has something to do with that.
Posted on 5/26/10 at 3:23 pm to kfizzle85
I guess I wouldn't have expected to see a jump like that after bankruptcy. Is this the exeption or the rule bc I sure would have liked to have bought at a dollar.
Posted on 5/26/10 at 3:24 pm to LSURussian
quote:
20-1 reverse split
So that means the people that held the stock at a dollar actually lost right?
Posted on 5/26/10 at 3:26 pm to carlsoda
quote:
So that means the people that held the stock at a dollar actually lost right?
-4.15 (-20.75%)
Posted on 5/26/10 at 3:47 pm to carlsoda
Yes.
Posted on 5/26/10 at 3:54 pm to LSURussian
Thanks 
Posted on 5/26/10 at 3:57 pm to carlsoda
Ne zhya sto.....
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