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Steel DD Research Board
(Total Views: 164)
Posted On: 05/19/2021 1:29:00 PM
Post# of 9389
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Posted By: wowhappens28
Re: Steel Reserve #1064
$RIBT Steel, in the March 2000 to October 2002 bear market where the S&P 500 lost 50% of it's value and the internet inflated NASDAQ lost 66% of it's value, one stock wert up 108 fold( like from $1 to $108, yes a monster. it was BYI, Bally Technologies that was bought out since. They made slots at the time casino's were exploding around the world.

Nice to see RIBT up on a down market day. It has a story that might help it rise in a bear market, doubt it gets 108 fold, I'll be happy with 10-20. But, I am hoping RIBT is bear market proof. And it could be a help in that traders in a bear market don't have as many to winners to choose from.

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