InvestorsHub Logo
Followers 250
Posts 112275
Boards Moderated 15
Alias Born 08/30/2001

Re: gfp927z post# 166

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

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

Post# of 222
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.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.