I don't know what to do anymore. I had Twitter when it was 70$ a share and I've painfully held on. I lost my wife because of this as I've mortgaged my house to buy shares and she didn't know about it. I used up my 15 year olds college fund so she hates me too. I even had to sell my guns, so I can't kill myself anymore.
You don't have to worry about all the money you lost on Twitter or the house mortgage anymore.
We have just discover your long lost uncle with $25 millions in the bank in Nigeria when he died last month vacationing here. Since you are the only nephew in his will, the bank will make arrangement to send you his money. We will have to arrange with lawyers to make sure you get you money. Please send $5000 through Western Union so that we can get the contract drawn that you are the legitimate heir of the $25 millions.
hey man if this is a real post and not some #$%$, then I truly feel sorry for you and your loss here but understand this…..if you don't know what you're doing then this is a dangerous game. In 2005 my father trusted my "expertise" and long story short I lost him $60K. ……but that's not the end of it, I learned a lot from that. I did the same thing you did, held on for dear life onto a stock (DRYS- now like $4 stock or something, its garbage), this thing was well over $100, went to 80, went 60, went 40 and so on……if I had known now what to do I would have gotten out IMMEIDIATELY and bought puts, but I didn't know how to play this game. The lessons I learned were costly for sure but today I'm proud to say I'm flying high. …. I saw this coming with TWTR and shorted the #$%$ out of it……now I'm sitting on a nice little return. Keep your head up and stop doing stupid s h et because what you're doing is gambling your life away………if you don't know what you're doing, please stay away….that's it. Now you know what you did wrong, don't do it again. good luck man.
jaysus, super55, can you not tell a bogus comment when you see one? alirsgp is probably a short and making a killing, and getting a perverse kick by pretending to be a 'loosing' long.
Here is what you do. Sell all the stock immediately. Then turn around and with that money buy very short term call options - you'll make your money back in a heart beat.
Sentiment: Strong Buy
I actually did the same stupid thing 7 years ago with a company called lehman brs. I was so positive the government would bail them out I bet everything on it. I lost, they didnt LB went bankrupt and a few weeks latter they had to bail out all banks. Never put what you can't afford to lose in the market. Its taken me 7 years to get back in this stupid thing and I'm on the short side of every over priced IT stock including the other balloons like TSLA. The IT nasdaq is going to crash. Take what you have left and short any of these ridiculously overpriced stocks. Youll have all your money plus some in 2 months.
I also bought a ton of Lehman Bros figuring they just HAD to bail them out. They had just bailed out Bear Stearns which was a much smaller brokerage. LB was huge, worldwide, and to let it fail would have catastrophic results. Well, Treasury Sec. Paulson had a hard on for #$%$ Fuld who ran LB and did let it fail. These guys all know each other, they all went thru school together and hang out at the same places etc. Paulson let petty jealousies taint his decisions. Read the book "Too Big To Fail" it describes in detail the whole financial meltdown with AIG etc. actual conversations with Gietner, Dimon, Paulson & all the big bank CEO's. Its pretty eye opening to see how they hose the little guy all the time.