[Slynky]

Originally posted by Ragnarok-X:

quote:

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Originally posted by Slynky:]


Once upon a time, I bought 300 shares of a little company on the day it went public. Oh, it seems like 10 years ago or so. It did nothing for about half a year and the $4,200 I spent looked like it was doing nothing...so I sold at a loss of about $500 and left it. That stock was AOL...and today, had I left it, it would be worth over $100,000 (with splits and growth)...

doh thats really sad, or funny in a real cruel way.

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Yeah, the cruel way (LOL). It's all I have to remind me that I DO (or did) have some ability to pick a stock but just didn't stick with it. One of the best stocks I owned was Veriphone (and sticking to my insight as I mentioned, I was involved in some electronic transfer stuff at work and it hit me that this was a major player in stuff to come). The stock rose well and then got bought out (for a good profit).

Right now, I'm stuck in Sun and Intel (for 2 of my stocks). I almost bought 10,000 shares of Sun when it was around $2 per share but I was scared. Had I done it...well, doesn't take a genius to look at Sun at 4 right now and compute roughly a $20,000 profit.