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re: Any long shot stock success/failure stories?

Posted on 12/6/23 at 3:04 am to
Posted by Gideon Swashbuckler
Member since Sep 2019
5803 posts
Posted on 12/6/23 at 3:04 am to
Bought 25k shares of MEGL at $0.90/share in April this year one day before it went to almost $6/share. Sold at $5/share.

Bought 1100 shares of AMC for $4.94/share. Sold it at $19 the next day. That June it went to $70. Sad face emoji.

Bought ZOM in Dec 2020 I believe for $0.15/share. Had 25k shares. Sold it at $2.50/share in Jan 2020.

Bought GUSH at $9.50/share back in Dec 2021. Sold it in June for $60/share.

But they haven't all been good. I lost $110k in calls on TESLA last month.
Cybertruck launch flopped. It sucked.
Posted by TAFP
Member since Jan 2021
62 posts
Posted on 12/6/23 at 11:46 pm to
I’ve had many wins and losses but the best win was DWAC. Bought at somewhere around $8-11 premarket. Sold day or two later at $175. Got lucky on the sale. Trading was halted around $150 or so. I put in sell orders during the halt and Schwab executed it at $175 as soon as the halt lifted. Amazing that they actually top ticked it for me. Was my best trading day ever by multiples.
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