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Stereotaxis Inc. Message Board

  • njrazornj1974pla njrazornj1974pla Jul 30, 2013 9:32 PM Flag

    To the rookies that dont own any shares and never traded lol.

    clowns that read chart $160 2008 please it was around $16 your looking reverse 1-10 adj to chart oct 26 2007 $16.10 lol

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    • OK rookie... no matter how you look at it the stock was approximately 27X higher in 2008. The $160 price assumes you also adjust for the $5.85 price now. Buying it now at $5.85 is like buying it at 0.585 per share if you really want to use the $16.10 price from 2008. Back in 2008 the stock was approximately 27.5 times higher than it is now. If you know how the reverse split works and you adjust down for the price shown on the chart for 2008 you have to adjust down for the current price as well. Bottom line, if this stock gets the same interest as it did back then it would be about a 26 bagger ($10,000 would become $275,000). Tell the whole story not just the half that supports your position.

    • I don't understand why people don't understand what you just tried to make them understand. LOL People look at charts and have no idea how to read them. I know nothing about them but that is the first thing I look for . Looked at this the other day but never pulled the trigger. wish I did

 
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