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re: Bought into a sinking ship stock

Posted on 11/10/23 at 11:05 pm to
Posted by Grievous Angel
Tuscaloosa, AL
Member since Dec 2008
10707 posts
Posted on 11/10/23 at 11:05 pm to
I can't decide about Medical Properties Trust. I've turned 20k into about 8k. Still holding out hope that there's still value there.

GE was my last dog. I cut my losses.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
70096 posts
Posted on 11/11/23 at 7:30 am to
quote:

Somebody explain to me how investing does not equal gambling?




When you gamble, you're not actually buying or owning anything. · When you invest, you own assets with measurable value.


Both activities put money at risk. Investing gives you the ability to stack the odds in your favor, gambling doesn't.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
70096 posts
Posted on 11/11/23 at 7:45 am to
quote:

I can't decide about Medical Properties Trust. I've turned 20k into about 8k. Still holding out hope that there's still value there.

GE was my last dog. I cut my losses.


TDOC was my last one, cost basis was $125, took 2 years for me to finally say frick it and got out at $30.

I didn't do my homework on the company and I paid for it. Everyone celebrates their wins, smart people remember their losses.
Posted by TigerDeBaiter
Member since Dec 2010
10660 posts
Posted on 11/11/23 at 8:35 am to
You made me read all that to find out this is not a TELL thread.
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