In December 1993, Jordan Belfort, the Wolf of Wall Street, took a shoe company public. The IPO was rigged; its founder got 41 months.
Out in 2005, he went straight back to designing its shoes. Its sales are now 2.5 billion dollars a year.
Guess the company.
In 2017, Rupert Murdoch sold his $125M stake in Elizabeth Holmes's blood testing company for one dollar.
A pharmacy chain ran her tests in its stores. She asked Murdoch to kill his paper's story that they did not work. It ran. She got 11 years for fraud.
Guess the company.
Replying to @pekutovsky45098 @investorsedge__ @AdrianCInvests @BullMarketBoss @Momo_Douk45 @molecule_trader @JungleReportFi @WeeStocks @ZenoReport
Little did anyone know. It is tough to stay in.
$10,000 in $INTC in March 1980 was worth $2.3 million by September 2000. Then it fell 81%, and took 17 years to get back. It is about $5 million now.
Apple once asked Intel to make the chip for its first iPhone. Intel's boss said no. "My gut told me to say yes," he said later.
Here's what it cost to hold it, against a balanced portfolio.
Buy, sell, or hold $INTC?
Intel, $INTC. Forty years after Grove and Moore walked out of memory chips, the American government bought a tenth of it and Nvidia put in $5 billion.
Got it: @investorsedge__ @AdrianCInvests @BullMarketBoss @Momo_Douk45 @molecule_trader @JungleReportFi @WeeStocks @ZenoReport
Full story at 15:00.

