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S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,442.00
(
2.14%
)
Dow Jones
38,675.68
(
1.18%
)
Brent Oil
82.77
(
0.00%
)
Bitcoin
62,712.95
(
-0.28%
)
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mrholty

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mrholty

Re: DennyCrane550 post# 7284

Tuesday, 07/26/2016 2:43:08 PM

Tuesday, July 26, 2016 2:43:08 PM

Post# of 11618
Just let no one tell you the markets are 100% efficient.

Stock had been trading around $1. BK filed went to $.05-.06. Then settled for months in the $.10-$.15. News of $8M win pushed it to $.30-$.35 where it sat for months even though liquidation analysis showed they had $1.00/share in bank. Randomly one day it jumped from $.35 to $.70 and then sat. I sold out then and moved on. I think final distributions were around $.82 IIRC.
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