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re: What's the best investment you've ever missed out on?
Posted on 12/27/11 at 2:56 pm to Jim Rockford
Posted on 12/27/11 at 2:56 pm to Jim Rockford
To Jim Rockford,
I did buy around 30K shares of Crystal Oil around 1987. Your numbers are a little off because they went through a 10,000 to 1 reverse stock split which means your 25 cent stock was inflated to $25 over night. I sold several years later and essentially broke even. They were eventually bought out by El Paso Power and Light.
Just thought it might ease your mind a little
I did buy around 30K shares of Crystal Oil around 1987. Your numbers are a little off because they went through a 10,000 to 1 reverse stock split which means your 25 cent stock was inflated to $25 over night. I sold several years later and essentially broke even. They were eventually bought out by El Paso Power and Light.
Just thought it might ease your mind a little
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