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Old 08-31-2007, 08:26 AM   #1
sweetcuties
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I'm only down 78% on one of my stocks

I got into this mortgage co at 1.36, now it's trading in the pennies... I'm up a few cents, just down 78%, lol
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Old 08-31-2007, 08:27 AM   #2
Extreme John
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ouch that hurts.
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Old 08-31-2007, 08:28 AM   #3
Trax
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may i ask why you rode this one all the way down to the bottom?
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Old 08-31-2007, 08:33 AM   #4
sweetcuties
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Quote:
Originally Posted by Trax View Post
may i ask why you rode this one all the way down to the bottom?
dunno, good question... here's the deal. I was up $2,000 and change on Thurs (few wks ago) then the co declared bankrupcy on Fri (next day) I didn't want to sell for a major loss, so I held. There was speculation that the co was gonna be bought out, then that didn't work. I'm gonna hold and see what happens... I know it's a long shot
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