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stockguru1971

08/25/19 5:05 PM

#11759 RE: reverse_long #11757

Multiple companies have had moves like that, particularly in pharma .

Here’s a famous one though not relevant here other to make the point
Gateway Industries was by all measures an insignificant website design firm. Trading for just a penny per share, its sole employee, CEO Jack Howard, wasn't viewed as particularly talented. Then, on February 11, 2011, a black swan event occurred when famed media entrepreneur Robert F.X. Sillerman announced he would be acquiring Gateway. Based solely on Sillerman's reputation, Gateway's stock immediately spiked over 20,000% to $2.97 per share. Sillerman then consolidated Gateway Industries with a handful of other firms, to create his startup firm, Viggle Inc.

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Loudude117

08/25/19 5:31 PM

#11766 RE: reverse_long #11757

Here ya go...it happens AND IT WILL HAPPEN TO PRED(but you know that)

https://www.benzinga.com/trading-ideas/long-ideas/14/01/3014935/9-one-time-penny-stocks-didnt-stay-that-way
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BProfit

08/25/19 5:39 PM

#11768 RE: reverse_long #11757

First time will be PRED. We haven't seen a company like PRED on the pink sheets before. Just sit back and enjoy the ride for the next couple years.
Nothing but UP.