the potential..., page-8

  1. 5,459 Posts.
    lightbulb Created with Sketch. 769
    Having spent the better part of twenty years in the investment banking and brokerage industry, I have heard a great many clichés. Classic sayings like “The trend is your friend” or “Bulls and bears make money, pigs get slaughtered” could be heard every day as brokers talked to their clients or managers tried to pump up the sales force. But, my favorite cliché, which I first heard from a retail sales manager who still remains one of my closest friends, was a bit more obscure “You should always buy your straw hats in winter”. Maybe it struck a chord here with GCN



    Two US examples that come to mind for the savvy straw hat buyers of 2001 were Captain Kirk’s Priceline, trading as low as $1.80 from a high of over $100 in 2000 (prior to a 1 for 6 reverse stock split), and a debt ridden online bookstore trading as low as $5.51 down from over $90 in 2000. I think its name was Amazon.com.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.