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Kodak didnt adapt. Walmart is constantly adapting. I save a lot of time with pickup, delivery, and shipping.
One of my new, recent go-to’s has been Wikipedia deep dives on the companies that were major stores in the 80s and 90s that disappeared. Wikipedia has some surprisingly deep business histories of companies, and it’s an excellent way to learn how things can go so poorly in business.
Rising Star
Amazon was start up ; Netflix was an idea ; Apple was bankrupt ; Microsoft was brain dead ; ge was an iconic superstar
The good ole days
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You could have bought apple for less than a dollar a share 10 years after that.
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Totally different era.
Bill Clinton, first baby boomer to become President had started his first term that year.
Aerotyne’s got HUGE upside potential with virtually zero downside risk
Sears was still the largest retailer in the world
And penny stocks are, are ? Startups 🤣
Btw, just wondering how much a low a share price is:
- $0.01 ?
- $0.10 ?
- $1 ?
- $10 ?
- $100 ?
- $1000?
Rising Star
So, my interpretation has always been that anything below $5.
$10, $100, and $1k are not penny stocks but someone somewhere could be interpreting it how every they feel