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Allright Guys Post your updated Stinker that is Killing Your portfolio

Posted on 7/9/20 at 8:47 am
Posted by FLObserver
Jacksonville
Member since Nov 2005
14488 posts
Posted on 7/9/20 at 8:47 am
I'm holding VLO. Bought in at 66 now down to almost 50. Its all i have left in Oil and Gas. This thing just keeps going down daily. Really its the only turd that i'm holding. Not selling ,way down,but long term i believe i will recoup my loses but frustrating to watch. Alright guys you got mine whats yours?

Update : down another 2.75 today
This post was edited on 7/9/20 at 9:44 am
Posted by auisssa
Member since Feb 2010
4195 posts
Posted on 7/9/20 at 8:51 am to
Only one that's down for me is VRM. Bought at $56.60 and it's now $51.87.

Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 7/9/20 at 8:51 am to
I was buying into my discounted company stock plan for years (upstream oil company) and after the recent crash i'm down like 95%. It's so bad that there's no point in even selling it at this point
Posted by JOJO Hammer
Member since Nov 2010
11925 posts
Posted on 7/9/20 at 8:52 am to
Baker Hughes. I bought in as part of an employee stock purchase plan several years ago. It was doing well until GE bought them. Then BHI went to shite.

Now every time I look at it I think I should dump it and take a loss. But a small part of me says it will come back or get bought out.
Posted by TitleistProV1X
Member since Nov 2015
3515 posts
Posted on 7/9/20 at 8:53 am to
CGC. I’ve been holding that POS for what seems like forever. Think I bought in around $27 and am currently down 42%.

I’m down 13% on VLO also.
Posted by deaconjones35
Thibodaux
Member since Sep 2009
9803 posts
Posted on 7/9/20 at 8:58 am to
I bought CCL too early and dumped it last week at a 10% loss. Everything I have now is up. Hope it stays that way. :fingerscrossed:
Posted by LSU
Houston
Member since Oct 2003
8845 posts
Posted on 7/9/20 at 8:59 am to
WORX & WFC
Posted by C
Houston
Member since Dec 2007
27830 posts
Posted on 7/9/20 at 9:10 am to
CIM, F, DIS

Posted by Barrister
Member since Jul 2012
4632 posts
Posted on 7/9/20 at 9:40 am to
LCA - This will be ok after the merger, but I may average down just in case.

CJJD - Never wait on an earnings report.....and what do I have to do in hopes that I can dump these bags? Wait for an earnings report.

BBRW - Saw this penny stock bounce in a channel 8 times this year that would result in .27% profit....so I wait, buy-in, and of course it tanks.

TOPS - Doesn't everyone have shares of TOPS they look at every now and then just remind them not to be stupid?

(Notice...3/4 of my bags are Pennies. I am sure there is a message in there somewhere)
Posted by amusedmuse
Baton Rouge
Member since May 2020
48 posts
Posted on 7/9/20 at 9:44 am to
DGLY
Posted by Donnie 9 inch
Mar A Lago
Member since Jul 2018
477 posts
Posted on 7/9/20 at 9:45 am to
FLR (Fluor) - 100 shares at an average of $12.91
Posted by yellowhammer2098
New Orleans, LA
Member since Mar 2013
3850 posts
Posted on 7/9/20 at 9:50 am to
I've started selling out of my stinkers. Sold out of RTX, WFC, and F in the last week or so. Still holding ~200 shares of DAL. Other recent stinkers include HLT and CVX. Basically breaking even on CVX since I've owned for a while.
Posted by BuzzSaw 12
The Dark Side Of The Moon
Member since Dec 2010
5278 posts
Posted on 7/9/20 at 9:53 am to
My previous stinker HTZ miraculously blew up thanks to Robinhood and I went from writing that off to making money!

Currently the closest thing I have to a stinker is MU mainly because it's not meeting expectations. I'm about breakeven on the trade but after a blowout earnings and great guidance and a nice chart setup it's flamed out. Was hoping for a run to 60 but it's performing like a limp dick lately.
This post was edited on 7/9/20 at 9:54 am
Posted by Enos Burdette
Atlanta, Georgia
Member since Dec 2019
693 posts
Posted on 7/9/20 at 9:59 am to
MO. Thanks BigFella. My buying into that company must've signaled the beginning of brain cramps WRT their management. The issues surrounding the Juul acquisition have just absolutely killed that stock's value, but to be fair, dividend is holding. I'm off 36.5%.
Posted by Slima
Baton Rouge
Member since Apr 2006
135 posts
Posted on 7/9/20 at 10:05 am to
MO
TAP

Tobacco & Beer. Getting crushed.
Posted by TigerDeBaiter
Member since Dec 2010
10267 posts
Posted on 7/9/20 at 10:20 am to
VLO OXY MRO

should have dumped this past Monday for minimal gains. They’ve been absolute dogs for a while.
Posted by FLObserver
Jacksonville
Member since Nov 2005
14488 posts
Posted on 7/9/20 at 10:30 am to
quote:

VLO OXY MRO


You right about that. I sold out of MRO and XOM for small gains like 2 weeks ago . I probably should have toke the small loss on VLO but that loss has gotten pretty big so will hold and ride it out hopefully.
Posted by DawgCountry
Great State of GA
Member since Sep 2012
30572 posts
Posted on 7/9/20 at 12:15 pm to
MARK and GNUS. I thought I got them on dips......boy was I wrong
Posted by Grits N Shrimp
Kansas City, MO
Member since Dec 2014
646 posts
Posted on 7/9/20 at 12:34 pm to
Bunge. Down 40%
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3110 posts
Posted on 7/9/20 at 1:34 pm to
Down 47% on XSPA. Still waiting on that good news to come out...
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