LogFAQs > #941490737

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Topic	Stock Topic 7
red sox 777 06/30/20 5:24:14 PM #249:	I wasn't brave enough to buy LK the day it was announced that the delisting was going through. It plunged from $3 to $1.38 that day, and now, after 2 days on OTC, it's back to $2.33. In retrospect it was a great fear trade - buy when delisting causes fear, sell a couple days later when the market decides it's still the same company, just trading on OTC. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! <cite>red sox 777 posted [p:941490737] in Stock Topi... [t:78792868]...</cite> <quote>I wasn't brave enough to buy LK the day it was announced that the delisting was going through. It plunged from $3 to $1.38 that day, and now, after 2 days on OTC, it's back to $2.33. In retrospect it was a great fear trade - buy when delisting causes fear, sell a couple days later when the market decides it's still the same company, just trading on OTC. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest!</quote> ... Copied to Clipboard!
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