I personally would accept $20 in a heartbeat My average cost is $38 but a have been holding this all the way from $55. I want to get rid of it so bad but do not want to sell at the absolute bottom.
i feel for you I have been stuck in BTU for the same time and it continues lower AND LOWER. Keep hoping the decline will stop but it hasnt yet. Good luck!
Believe me I wish i could sell Then within a year BTU would be $30 so I will continue down. Some examples of me giving up and the results. Sold LVS at #$%$ now $80.
Sold DAL at $8 now $30. Sold STX at $12 now $55. Sold BBRY just 2 months ago $6 now $10. The 3 stocks I kept BTu from$55 CLF from $25 and JCP from $8.
when bankruptcy hits at the end of the year i will sell and all 3 will double.
wow i cant believe its only been 2&1/2 YEARS SINCE $55. iT FEELS LIKE i HAVE OWNED btu FOR AT LEAST 5 YEARS. So painful it has been.
I keep hoping this would stabilize and i could someday get rid of my position. Its been a long ride down from $55 and it still going down. Btu management continues to be horrible as they warn, warn, warn and never give any positive news. Oh well bankruptcy is growing closer and maybe it will be all over soon!
Ive owned it since $55 and am the unluckiest person in the world. Until I declare bankruptcy and sell BTU will continue down. That is the only reason!
I'll give you one reason. I own two stocks only CLF and BTU and I am the unluckiest person alive, so that explains it all.
Exactly how i feel the last 3 years holding BTU. There is always a negative spin on some news and for some reason people keep selling!
Thanks for the info. Wish i could enjoy the info but with CLF going down everyday it has been a depressing start to the year.
Im with you . I have bought many bankrupt companies myself. I just got into JCP so its going under. it will be the fifth bankrupt company I have bought. I never thought to apologize though that is pretty nice.