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re: Thoughts on VALE?

Posted on 7/30/13 at 9:34 pm to
Posted by LSU4lyfe
Baton Rouge
Member since Oct 2003
7830 posts
Posted on 7/30/13 at 9:34 pm to
This company (and Cramer) burned me whenever I was first starting out. I bought at 34 and again at 31 so I am in for the long haul. I've bought more shares to bring my price per share down, but over the last 4 years, I have learned a lot and I am done chasing this stock. I am going to continue to draw the dividend and let it play out. If it goes back up, then I am getting out.

Too many other very good, proven stocks.
Posted by Cousin
The Bayou
Member since Feb 2012
5275 posts
Posted on 7/31/13 at 6:09 am to
Dam bro..sorry to hear that...$34 is high...I guess that's what happens in the stock market tho...u have to be willing to take that risk. Hang in there
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