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Home / Columnists / Berko / ‘Cheap stocks’ got that way for a reason (access required)

‘Cheap stocks’ got that way for a reason (access required)

DEAR MR. BERKO: I purchased 2,000 shares of Synovus Financial in January 2012 at $1.49 on your recommendation. I now have 287 shares at $24 and a nice profit ($3,908) after a 1-for-7 reverse split. Please tell me (my broker is a dolt) whether I should continue to hold the stock or take a profit. ...

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