I did not make it back on those stocks. They both are no longer listed.
The both were about 25% of my portfolio. I was way too heavy into those. I found some pretty good bargains at the bottom of the market in 2008. One stock was OHI preferred.
It was trading at $15 and was callable at $25 plus paying a dividend. I backed up the truck.
I collected about 15% in dividends until they called it awhile later and paid me $25 a share.
So now, I don't fall in love with any stock and I keep the percentage down.
I sold last week. Years ago I had a lot of money tied up in two stocks, CHC and MMA.
They paid nice dividends but MMA had to re-state years of accounting. It sucked them dry.
I don't even remember exactly what happened to CHC but I sat and watched about $100,000
dry up and evaporate believing the issues will get corrected soon.
Today, I assume the accounting takes place with computers. I do my taxes with computers.
I think it should not take that long to re-calculate the quarters and get it filed.
My fear was that there is something else going on that we don't know about yet.
I made back my $100k but I would have been better off to sell and take my lumps when my losses
were at 25%. If you are holding, good luck to you!
Bought what was supposed to be an ACDelco part listed on Ebay complete with ACDelco logo in the picture.
Received an after market part made by Standard Motor Products. Now I have to pay to ship it back.
Now I have to take time to run to the post office. I can't seem to open up a case in the resolution center anymore. I guess they were too busy.
So now Ebay is very friendly to the fraudsters.
The business model is broken.
It's hard to imagine they don't know what they are doing.
One guy screws up and then tries to cover it has caused this #$%$.
Shorts better not stay short though the weekend.
Don't I know you from you shorting FDP a few years back?
I bought 1000 shares yesterday, you sold too soon, this will go back into the forties.
Sentiment: Strong Buy
oh yeah? Buy something and find out a couple weeks later that it was defective and try to get it made good. I had this happen several times in the past few weeks. People selling returned goods.
People who forget to ship it buy the time you get it you don't need it anymore.
People who ship the wrong thing then they don't answer emails.
Look at how many car auctions end with the winning buyer have zero feedback.
This business model is broken. I've had nothing but good experiences at Amazon.
Once there was a problem, Amazon took care of me so fast I could not believe it.
Amazon has reviews not only for the seller for the product as well. Not so at Ebay, you can sell crap all day and nobody will know the item is crap.
Ebay rules also make you wait and wait and wait. Try waiting ten days for your phone battery because the seller didn't ship it because he got sick. Then he whines, I was sick please reverse my negative feedback.
They are all about helping the seller, they don't care about the buyer.
Hence people will stop buying through them. I have. I'm tried of being ripped off
and having to wait to file a complaint and leave negative feedback. Meantime the selller
can keep ripping people off.