This was in February of 1989 and Marvel had just been sold to Ron Perelman's MacAndrews and Forbes for $82 Mil
(Taken from Mile High Futures Catalog #49 dated March 1989)
Happy days! So you think Chuck would have made better investment spec's this month? Guess again:
But if you thought that Chuck ditched Batman because it was a DC property and because DC wasnt sold to Elon Musk, I mean Ron Perelman, for 82 mil. Think again.
Needless to say, this was very bad spec, Batman Death in the family was and still is a staple copper Bat book, Batman as a character became much bigger within time, while Marvel would suffer major losses in the near future as a result of this new deal.
Short and sweet - You cannot speculate on comic books, as you do not know what the future holds.