Bald Man from Mars; RE:" QNTM..."
I had this stock. It was a really great buy, man - around 19 - and it doubled! I made a *lot* of money on this stock; 2000s x 20 points. I was a happy, kinda balding man, with a great stock.
Then, it started to go down. Other stocks came out with bad news, and they made my stock go down. Everybody said, "Your stock is the best stock of the bunch". But every time one of the other stocks came out with bad news, my stock went down, too.
I thought, what the hell ? My stock might go down, but it will never go down to 19 again, that's for sure. I mean, look at the P/E - it's ridiculous! Besides, my stock is the best of the bunch. It's still UP +25% from where I bought it, six months ago. Besides, if I sell my stock now, I'll have to give the Tax Man 1/3 of my profits. I don't really want to sell my stock. It's a great stock.
Then one day, my stock went down. A lot.
-Steve
P.S. trailing STOPs, trailing STOPs, trailing STOPs... |
