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Re: gfp927z post# 166

Monday, 02/05/2024 2:07:09 PM

Monday, February 05, 2024 2:07:09 PM

Post# of 231
Yeah, I took the quick money on a couple of companies coming out of bankruptcy.
Was it Healthsouth (I think) that was once at like .015?? Can't recall now, but I sold quickly (around .38) then it went to $40 I think.
Did the same with with AMR (now AAL). They were teetering on bankruptcy and a pilot buddy of mine called me before the news hit the wire that they had restructured. I think I bought it like .24 and sold it later in the day for a triple....continued on to $54. I had 50,000 shares.
And lastly, I sold my percentage of a baseball team....then they went to the World Series two months later!

Just my opinion, of course.

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