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Posted On: 05/05/2017 2:56:06 PM
Post# of 2218
$AAPL Apple’s (NASDAQ: AAPL) massive ascent after the return of the legendary Steve Jobs is the obvious example.
My personal best return from a dead winner was from a small internet search stock called Ask Jeeves. I bought the shares a year after the “internet bust” for $2.00 a share, less than 60% of the company’s cash on hand at the time as I recall. Three years later, the stock was bought out for $26.00 a share by a Barry Diller led technology concern.
While none of the following highlighted stocks probably have that sort of massive upside, neither are they as good as candidates for life support as were the Patriots with three minutes left in the third quarter. Also, all are good ideas for significant turnarounds in 2017 after a challenging 2016 year.
My personal best return from a dead winner was from a small internet search stock called Ask Jeeves. I bought the shares a year after the “internet bust” for $2.00 a share, less than 60% of the company’s cash on hand at the time as I recall. Three years later, the stock was bought out for $26.00 a share by a Barry Diller led technology concern.
While none of the following highlighted stocks probably have that sort of massive upside, neither are they as good as candidates for life support as were the Patriots with three minutes left in the third quarter. Also, all are good ideas for significant turnarounds in 2017 after a challenging 2016 year.
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