I picked up a large (for me) number of shares at 53 1/2. I sold out of ICGE to do so. I have a very long time horizon and have this in an IRA so my thinking may be different from some others. My question is how to keep my gains, not risk my shirt, wake up 20 years from now and say life in retirement will be VERY, VERY GOOD! Lucent, I believe, answers that call and allows me to feel better about the greater risk in some of my other stocks. There are more active traders on SI that margin, trade options, and swing in and out of positions monthly, if not hourly. I do not mind getting rich slowly, as long as it is not to slow!
When my grandmother passed away she left some MO behind. Split adjusted basis at that time was .10 per share, not bad for a then $80 stock. Assuming we don't have the litigation worries that MO has, this one will be a .10 cent basis stock,split adjusted ,for those buying now, with a $80 value. Thats something to sleep comfortably on! |
