The company I pointed you to was Marconi (MONI.L). It's a
British telecomm/IT large enterprise that went bankrupt
about 3-4 years ago. It reached the amazingly low value of
alomst a penny (yes, about 1.5 cents), down from three or
four digit values. I kind of wondered to myself "How much
low can it go from here?" and "what If I bought 10000 of
these for just a hundred pounds?".
Well, it turns out to be one of these very rare cases, I
guess...
On Thu, 12 Jun 2003 10:11:25 -0400
"Harvey Tobkes" <harveyT@prodigy.net> wrote:
>
> Open the URL below and see Marconi PLC Sponsored ADR.
> Isn’t this a different
> stock than the one you were following? What Exchange and
> what symbol is the
> Marconi stock you were referring to?
>
> If you are familiar with a stock, which you feel has a
> strong chance of
> escalating in price, let me know.
>
>
http://www.quicken.com/investments/charts/?period=1MONTH&charttype=GROW&big=
> off&plot=LINE&othersym=&mavg=&dji=&sp500=&nasdaq=&p=MRCIY
>
<http://www.quicken.com/investments/charts/?period=1MONTH&charttype=GROW&big
>
=off&plot=LINE&othersym=&mavg=&dji=&sp500=&nasdaq=&p=MRCIY>
>
>
> What the hell is that? I had my eyes on Marconi about a
> month ago when it
> was just over a penny. This is a 5000% rise in a couple
> of days...
>
>
>
>
>
>
>
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