No Quarter Left Behind
When Left Behind Games launched its convert-or-die videogame Left Behind: Eternal Forces on November 7, 2006, its stock traded at a peak price of $7.44 per share. Breathless boosters at RedChip issued a “strong buy” recommendation and predicted that within 18 months, the stock would soar to as much as $18.70 per share. Really?
In fact, Left Behind Games’ stock chart looks like a ski slope. Not a gentle bunny hill, but a World Cup grand slalom course, groomed for a world-beating downhill run. Today, you could buy a share of Left Behind Games for a quarter — with change left over. On March 21, 2007, the stock closed at 18 cents a share.
Daily Kos: State of the Nation