You should publicly disclose that you own no stock in any other company and are bitter because you lost money on CY, your first and only investment. So you lost on 100 shares. Come back and talk to us when your portfolio reaches 7 figures. Not including the amount after the decimal point.
I've lost money on some bad decisions. But way less than I've made on good decisions. Long on AAPL, CBRL, CLX, EPD (in a taxable account), MO, NWFL, PSX, SO, SYY, T and WM. Just took a loss on GRPN and bought more MO at $49.00. On the verge of dumping CY, despite what many 'talking heads' are saying that it is a great stock.
I sold today at $5.40. Better to get out of losing stocks and into something you can make money on rather than sit and watch, wait and hope that a stock does finally pay off.
You spelled 'pilonidal 'wrong. That, and your posting here about an irrelevant topic, shows your stupidity.
I don't see the wisdom of pursuing this any further. Maybe the BOD of CY has a pla,n but to overpay is not good business. But then my buying this stock was not the best decision I ever made either.
Only if you want people to think you're a moron. The distributions are tax free and almost 5%. Plus, if yiou reinvest the distribution, you get a discount on the buy price.
Luckily, to offset this my investment in INSY is up over 30% in less than 4 weeks.
OUCH!! My cost basis, on 3 purchases is $6.34. Not too big a 'loss' so far. But with thousands of shares it's pretty big number.
You skrewed yourself. No one to blame but YOU. INSY has a lot of insider sales. Yet they are up 25% in the last month and over 750% in the past 3 years. And they just split again. Which really doesn't mean much except it keeps the stock affordable for the small investor. And my guess is that 90% of GRPN buyers are young and don't know diddly about the market. And so you should leave investing to the big boys and quit GAMBLING on stocks.
My God. 2 more IDIOTS trying to compare stocks in totally different sectors to one another. What is wrong with you people? I have never seen such lunacy before. Are any of you high school graduates?
Why are you comparing 2 stocks that do not compete in the same sector at all? GRPN is closer to Amazon, Alibaba and Ebay than Facebook. You are trying to compare grapes with potatoes.
Maybe it's the fact that they aren't signing on new offerings. Ever think the business model is facing some stiff competition?
Maybe you should take a look at their offerings. Not many new ones coming on board and some of the ones they are running are obsolete and no longer offered. That may have something to do with it.
When they announce a rate hike stocks will take a hit. Especially those with huge debt. the interest rate has an effect all the way down the line. How long have you been inve -- er - gambling on stocks?
And one little stock that has performed well the past few years. AMNF. A small, family run company that makes Italian Foods and has a long history of dividends. I first bought it at $1.50 a share. Now over $2.20. Increases divvies constantly. Pays 3.35%. Keeps growing and slowly. That I like.
For a pure gut wrenching gamble: GRPN.
JNJ is a 'buy it and forget it' stock. Pays 3.10% dividend. Just reinvest the dividends and relax.
Stocks go up and stocks go down.
Trying to time it makes you a clown.
In IRA's I'd recommend CBRL, AAPL, INSY, SYY and WM.
For safety NWFL, JNJ. CLX, SO, T.
For taxable investment accounts EPD.
Then just relax and play golf.