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Lazarus

05/24/24 3:31 PM

#1978 RE: CashCowMoo #1977

Had an oil company in the 90's that just puttered along. I bot 10k shares at .22 cents (so I thought). Company sold assets to insiders and shell to investors. Stock went up over $13.00. I sold 8k shares at 8.50 and watched it go over $13. as it was headed down (days later) I discovered another 10k shares I forgot I bot...lol... and sold them at ~ $8.50 ... then let the last 2k shares go at $7.37. Watched it over the years until it went under a penny then disappeard altogether. Crazy... but true.

It's why I'll always throw some $$$ at these...cuz you never know. This one has is a clean candidate for a RM at some point.