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re: Any long shot stock success/failure stories?

Posted on 11/30/23 at 9:24 pm to
Posted by thelawnwranglers
Member since Sep 2007
38796 posts
Posted on 11/30/23 at 9:24 pm to
I bought Oydessy Marine OMEX

Had under water mineral mining rights and some shipwreck in legal battle

Had my first reverse split
Posted by Drizzt
Cimmeria
Member since Aug 2013
12918 posts
Posted on 12/2/23 at 11:52 am to
I bought a ton of Luckin coffee when it came out they were making up their numbers in 2020. My thesis was no one rallies around a native company like the Chinese and all Chinese companies fudge their numbers but Luckin just got caught by Hindenburg. Stock went from $30s to under a dollar in a few days. I bought mine around $1-2. I made a killing selling it between $10-15 later.

Luckin is $32 currently but I was happy 10x my money.
This post was edited on 12/2/23 at 11:55 am
Posted by jlu03
San Diego
Member since Jul 2012
3320 posts
Posted on 12/2/23 at 8:52 pm to
I bought $2500 worth of Netflix in mid 2000s while in college. I quickly made 50% and sold. The stock is up 100x since that purchase.

I purchased lots of Natty Light from AM Mart with the profit
Posted by triggeredmillennial
Member since Aug 2023
65 posts
Posted on 12/2/23 at 11:13 pm to
Made 220k on CLOV pump and dump in summer of ‘21
Posted by Grinder
Member since Nov 2007
1818 posts
Posted on 12/3/23 at 8:40 pm to
Bought 2500 shares of AXNX at $40.

Sold it at $71 a share 85 days later.
Posted by sjmabry
Texas
Member since Aug 2013
18500 posts
Posted on 12/4/23 at 9:38 pm to
quote:

suggest yall give JOBY a look
Looking at Archer Aviation
Posted by Gideon Swashbuckler
Member since Sep 2019
5789 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.
Posted by Gideon Swashbuckler
Member since Sep 2019
5789 posts
Posted on 12/8/23 at 1:56 am to
quote:

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.


That's awesome. I literally dozed of when it went public. I'd worked six 12s in a row. I was trying to stay awake to buy some but fell asleep.
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