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Wednesday, August 08, 2012 4:24:16 PM
"In 2001, TASER International developed its "Advanced Taser Electro-Muscular Disruption" system. In May 2001, they filed for an initial public offering and began trading NASDAQ under the stock symbol TASR. In May 2003, the company released its new Taser X26 model."
I show they started trading on nasdaq in Aug 2002 as you said and traded in the range of .30-.50/share initially. They had their first split on 2/11/04 (3:1) and the stock hit 28.00 on about 4/15/04. They had two other splits since.
Adjusting for the initial split, it went from .30 to 9.00 in 1.5 yrs. That's a nice run. So it can be done.
Regarding the otc to nasdaq announcement pop, no idea. If anyone else can find that out, please post.
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