I couldn't take it anymore. I could see the writing on the wall. Had been scammed by Wall St. Should never have listened to the CNBC hype. It is my own fault, I should have known better than to buy stock (worthless paper) in the first place. Lost big on this one. Kept holding on hoping the Titantic would turn around, but now I see the ending. Lost half my investment, but when it sinks to $5 a share I will be happy I got out now! But in the meantime I am #$%$ I am more #$%$ that the goverment has not done anything about this. I am #$%$ that no one was fined, fired, chopped into pieces, or nothing. Someone must have done a Jamie Diamond and paid off all the regulators as usual. Considering how dire the fiscial cliff is, you would think someone in Washington would have found a scape goat by now, before everyone files their losses come tax time.
Sentiment: Strong Sell
Sorry to hear of your losses. You invested a years salary on an IPO? Someone should have warned you that IPOs are about the riskiest thing out there. What were you thinking? Lesson #2 do the opposite of whatever cnbc tells you to and youll do just fine.
If you want to change washington vote obama out. He divided our country, ruined prosperity and for that reason he does't deserve second term.
but don't give up on investing. Just be more selective. Ipos are not proven companies. Buy something like ge, msft, intc, - more conservative stocks.
topic creator puts all his money in an overvalued pos company and whines when he loses half his money.. booo freaking hoo. You also seem overly emotional and have no idea how stocks are valued. Funny, i am making lots of money in the market this year i put all my money in apple in feb 2012 best decision i could have made with my savings its fun to watch it grow each month.
But go ahead and buy pos over valued companies and then whine about your stupidity here.