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Re: allezlOM post# 16625

Sunday, 08/30/2020 3:08:45 PM

Sunday, August 30, 2020 3:08:45 PM

Post# of 63388
I bought SARAQ on the morning it was announced it was coming out of BK with its shares intact. The ONLY asset it retained was a geological survey (being in either mining or oil, I forget), and it sounded like they'd retained something of real value.

My offer for .01 was in prior to the bell, (it could be that its price prior to that morning was something like .003) but only a little filled, and the price accelerated beyond my offer. I cashed out at .45, making something like $20,000 THAT DAY! I think it hit a high of almost .70 (but i could be wrong), but never hit that again, and started dropping steadily over the next days and weeks as the realization came that, though the Q would come off, the company had nothing of real value.

I lost touch with it shortly after that.
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