SNAP--time is up. I'll probably dump half
my shares over the next few weeks. Dribs and
drabs when I get around to it. Final straw
was seeing the CEOs very profitable options,
sometimes I completely lose interest in Wall
Street--we know it is all a big scam, but
we delude ourselves into thinking these are
"investments".
Yeah, I know, this sort of talk sounds just like
me a year ago, whining about Ariad. For sure I've
nothing to complain about, many folks have losses
this year, against substantial gains in biotechs.
But my remaining stocks are still down pretty
sharply these past couple months, lopping more than
ten percent off the top of my accounts. I suppose it
could be worse, and I'm sure it will be before this
is all said and done.
CD rates of 6 something percent are suddenly all the rage,
who would have thought. Glad a bought some.
I didn't like wallowing in ARIA below a buck last
year, maybe $6 SNAP is just thorn in my side this year. |
