I bought nortel at $3 and rode it for a while. I was going to buy it at $0.60 (canadian) but my stupid broker took 3 weeks to set up my brokerage account (never ever use td waterhouse) I was planning on dumping all of my savings into that stock (100k) if i had i could have made half a million easily. Since I didn’t get in until $3 i only invested 10k. You can just imagine how much I hated myself for not going with a different broker. But hey this is canada, and everything banking related takes forever. You cant even do a wire transfer without making an appointment with the manager at the largest bank here where I am, since no one else at the bank understands what a wire is…
Another one that I did well was Overture back when it went down to $13 last year. Unfortunately I sold it too early at $17.
There’s a lot of good companies that sink for no good reason but some rumors, or information that suddenly hits national tv, even if the information isn’t quite new.
Antoine