RE:RE:RE:RE:Africa Oil Week Yes let us not forget much maligned Tribune Company bonds and General Growth Properties which was one of the biggest luxury shopping center developers in the early part of this century. They were selling for cents till one day buyers came along and got into a bidding war and they ticked up to dollars and then mega dollars!
One investor in General Growth put a million in at pennies and sold for big bucks netting tens of millions. So yes it does happen and I would hate to be a short in Recaf!