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OBE

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Alias Born 08/01/2013

OBE

Re: makinezmoney post# 13223

Thursday, 09/28/2017 10:18:59 AM

Thursday, September 28, 2017 10:18:59 AM

Post# of 21990
Crumb Bake Shops, CRMBQ, a "Mom-and-Pop" Manhattan bakery that opened in 2003, signed a partnership deal with Starbucks, went public and got listed on the NASDAQ. They blossomed to a chain of 79 stores in eight states before going bankrupt on July 8, 2014 and announcing they were closing all their stores. The share price, obviously, plummeted.

The next day, Marcus Lemonis (of the CNBC reality show "The Profit") announced he was buying all of the stores. I was trading with a subscription group (for a fee of $100 per month) run by one of the best known traders in the game. He alerted the members (we were all connected via computer ) that CRMB had hit his scanners early in the morning. He “scaled-in” for a total bet of $5000 after the opening bell. The stock skyrocketed on the "Lemonis" news and by 3pm his $5000 was worth $100,000!
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