A “special situation” is more or less what it sounds like – an “atypical” event that brings with it the potential to alter a company’s financial destiny, for better or worse.
I’m talking about buyback programs, mergers, takeovers, bankruptcies, leadership shakeups, even scandals – it doesn’t necessarily have to be “good” news to boost your bottom line.
Frankly, I’m surprised more attention isn’t paid to special situations because, like the definition suggests, they can alter your financial future, as a shareholder, too.
See what stock I’m talking about here.
The post Buy This $2 Stock Today, and Buckle Up for 10X Performance originally appeared at Money Morning.