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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (40499)12/9/2010 10:14:23 PM
From: Lazarus1 Recommendation  Respond to of 78700
 
thanks, i bought some in one of those accounts that i use where i just like buy the stock and forget about it.

speaking of which. i recall a stock i bought in 1999 for 22 cents. i bought 10,000 shares [so i thought] and traded it all the way up to 8 and half bucks where i sold 8 shares and let 2k shares ride. they went up to 13+ and then the stock pulled back.

when it dropped under 9 bucks one morning i was looking through some accounts i rarely trade and found out that i had purchased 2500 shares in one account and 7500 shares in another account [ i got them a 22 cents at the same time as the other shares] but had COMPLETELY FORGOT ABOUT THEM.

i sold the 10k shares for around $8.50 and then cut the last 2k go at $7.37