This stock holds a special [place in my heart. It not only was my best trade of all time, but it also was one of my worst as well. I played this in 2009 and caught it from the low 00s and held all the way through til the upper 00s, and that ended up being my best trade ever (both $ wise and %). However, I decided that I was going to try to play the ensuing pullback ultra aggressively and ended up getting slaughtered on that one. Held way too long, didn't use any sort of stop (even just a mental one), and dedicated way too much capital to the trade as well. That's called the trifecta. Lesson learned.. overconfidence is a SOB.
Well I'm throwing this one back up here mainly for shits and giggles. It's now trading in the triple zeros and from what I can gather, the share structure is actually still the exact same as it was back in 2009, with the A/S being 500 mill and the O/S just a hair below that. Not bad for something in the low triple zeros, seems like a pretty clean shell without a history of R/S. Someone took it upon themselves to soak up about 30 million there in late December, so I'm wondering if that is a sign the bottom has been put in.
There truly is no good reason to play a stock like this (no news, no daily volume, no updates from the company) but the share structure and recent vol spike have me compelled to keep an eye on it as a lotto/ shell play if nothing else.