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re: Ok Guys post your biggest Stinker right now
Posted on 6/1/20 at 12:03 pm to FLObserver
Posted on 6/1/20 at 12:03 pm to FLObserver
WTRH
Purchased when it was at $0.67 / share. Went down to $0.26 / share or so. Went back up to $0.37 / share in the midst of the worst of the volatility. I decided to cut my losses right before one of Trump’s daily press conferences the market was reacting negatively to almost daily.
Now is somewhere over $2.00 / share.
What did I learn?
1. Be patient.
2. Don’t buy a stock unless you’re willing to ride it out for a while
Purchased when it was at $0.67 / share. Went down to $0.26 / share or so. Went back up to $0.37 / share in the midst of the worst of the volatility. I decided to cut my losses right before one of Trump’s daily press conferences the market was reacting negatively to almost daily.
Now is somewhere over $2.00 / share.
What did I learn?
1. Be patient.
2. Don’t buy a stock unless you’re willing to ride it out for a while
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