Fact: Many very successful companies have traded a
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Posted On: 02/24/2019 12:21:57 PM
Fact: Many very successful companies have traded as penny stocks
VERB will be added to the list:
Ford Motor Company,
General Motors
Sirius XM
Monster Beverage Corp
Mylan
American Axle & Manufacturing
Concur (who SAP bought)
Quality Systems Inc.
BJ’s Restaurants
General Growth Properties
True Religion
Do your own DD so you don't get scared out of your shares by DD lightweights with no facts.
VERB will be added to the list:
Ford Motor Company,
General Motors
Sirius XM
Monster Beverage Corp
Mylan
American Axle & Manufacturing
Concur (who SAP bought)
Quality Systems Inc.
BJ’s Restaurants
General Growth Properties
True Religion
Quote:
Penny stock expert Timothy Sykes described True Religion as: "a pure Vancouver spam-fraud turned ‘real’ company."
Known for its designer jeans, stock in True Religion traded as low as 67 cents in July 2004.
In May 2013 the company announced that it had agreed to be acquired by private equity firm TowerBrook Capital Partners for approximately $835 million. TowerBrook paid $32 a share in cash. Prior to the acquisition, the stock traded under the ticker: NASDAQ:TRLG.
Any investor buying at the low would have made a 4676% profit.
Do your own DD so you don't get scared out of your shares by DD lightweights with no facts.
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