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re: Ok Guys post your biggest Stinker right now
Posted on 6/1/20 at 10:41 am to FLObserver
Posted on 6/1/20 at 10:41 am to FLObserver
Since mid-March, I've made 11 individual stock purchases with the intent to hold most at least medium to long term. The only one in the red... CIM. All the others are up, and some up very big.
I caught the falling knife with CIM in mid-March. Got in at $15.1 when it was heading from highs in the $22 range straight downwards over a 5-7 day time span. Dividend reinvestment has my average cost per share down in the $12 range. I'll continue to hold. With even more reinvestment in the coming months I should be down closer to $10. Hoping it can get up around that range soon and then I may bail. As of now it's trying to inch it's way up to $9/share...
I caught the falling knife with CIM in mid-March. Got in at $15.1 when it was heading from highs in the $22 range straight downwards over a 5-7 day time span. Dividend reinvestment has my average cost per share down in the $12 range. I'll continue to hold. With even more reinvestment in the coming months I should be down closer to $10. Hoping it can get up around that range soon and then I may bail. As of now it's trying to inch it's way up to $9/share...
1
Posted on 6/1/20 at 12:35 pm to skewbs
quote:
I caught the falling knife with CIM in mid-March
I luckily waited on this one at got in at 7.45.
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