HSX Forum

Playing & Trading Strategy

I think MSTMD holds the record

Posted by: JHFHockey on Jul 13, 12:47 in response to penguin77's post makes me wonder about historic stocks

Masterminds (1997) had a value of ~ $22 going into opening weekend and debuted at just over $1M with a total run of $1.8M
Would have been a great short but shorting wasn't part of the game yet.

The most profitable stock might have been BLAIR (1999)  It was literally a pennystock earlier in the summer and not only delisted at $120 but had wild price swings in the weeks it was in release because the volatility was cranked to 11. I made close to $100 million day-trading it that summmer.

YOU BETCHA! 74,899,507 Shares LONG of (LITYR) took a -150.84 MEGA-SMACK-DOWN (263.34-112.50). TOTAL HIT -11,297,841,635.9. (-11.29 BILLION). Captain Obvious Jul 11, 23:31

I would say few if any of those LONG shares were bought at H$263.34 {nm} Antibody Jul 12, 11:03

Sure. But their MEGA-SMACK-DOWN started at 263.34 & continued to Delist Cash out. {nm} RotoHockeyYTD2014 Jul 12, 14:54

If you bought LITYR at $112.50 awhile ago and held on until delist, you didn't get "smacked down". {nm} Antibody Jul 13, 07:31

Sure you did. Racked up 150.84 in PROFITS & then Smacked them ALL Down. {nm} RotoHockeyYTD2014 Jul 13, 08:11

If LAD Hits 3 Homeruns but then Coughs up 3 Homeruns, they will still say that LAD took a 3 Homerun SMACK-DOWN. {nm} RotoHockeyYTD2014 Jul 13, 08:36

Not the same analogy. If you bought a real stock at $10, it goes up to $100 then back down to $10 where you sold, you didn't lose $90. {nm} Antibody Jul 13, 18:15

Same Analogy. Different View. Wiping Out Earned PROFITS / Homeruns is Tomatoe / Potatoe SMACK-DOWN. Will let you have the Tomato / Spuds. {nm} RotoHockeyYTD2014 Jul 13, 18:51

Weird Thinking. If you Bought a Stock for 10.00 in 2019 & it went to 100.00 in 2019 - NO GAIN in 2019 since it went back to 10.00 in 2022? {nm} RotoHockeyYTD2014 Jul 13, 19:27

makes me wonder about historic stocks penguin77 Jul 13, 10:53

I think MSTMD holds the record JHFHockey Jul 13, 12:47

Dang that's a good trade penguin77 Jul 13, 13:04

Volatility isn't anywhere close to what it was back then JHFHockey Jul 13, 13:18

yeah I bet penguin77 Jul 13, 17:50





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