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re: Stocks: Anybody own Alcoa?

Posted on 3/27/13 at 10:22 am to
Posted by Giantkiller
the internet.
Member since Sep 2007
20674 posts
Posted on 3/27/13 at 10:22 am to
quote:

I'd punch your broker in the cock if I were you


Well, in my defense, it's a little E-trade account I play around with. I only bought a handful of shares. I just wish I could get the little I paid back.

Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69956 posts
Posted on 3/27/13 at 11:15 am to
Well if you need the money soon, I'd say wait a few weeks, research another stock you wanna buy, and pull the trigger. personally I think you're being impatient and its GONNA COST YOU MONEY. If you sell now, you lose about 25% of your investment, you lose the trade fees for both buying and selling your shares, and you lose dividends. Taking that kind of loss after only 6 months would make me sick, but you're only gonna lose if you sell.

In the future, don't buy a stock that you can't hold for at least 5 years.

Unless you day trade that is
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