ownyourfuture
Thinks s/he gets paid by the post
- Joined
- Jun 18, 2013
- Messages
- 1,561
You appear to have contracted CAFK disease.
I've also contracted this disease in the past.
The most common symptom is an individual investor, looking at a stock chart of a stock that was recently much, much higher.
The investor says to himself, how could this stock that as recently as a year ago was selling for $250 a share, only be selling at 36.00 ?
Those sellers must be really stupid, I'm gonna start buying.
Forgive me, I just couldn't help myself, as it is April 1st today.
CAFK stands for 'Catch A Falling Knife'
As mentioned above, I have been afflicted with this disease myself in the past. The most recent was Bank of America in 2009. I believe it's about $13 a share right now, and would have to get to around $25 a share for me to break even.
Again, nothing personal. I hope it works out for you in the long run.
I've also contracted this disease in the past.
The most common symptom is an individual investor, looking at a stock chart of a stock that was recently much, much higher.
The investor says to himself, how could this stock that as recently as a year ago was selling for $250 a share, only be selling at 36.00 ?
Those sellers must be really stupid, I'm gonna start buying.
Forgive me, I just couldn't help myself, as it is April 1st today.
CAFK stands for 'Catch A Falling Knife'
As mentioned above, I have been afflicted with this disease myself in the past. The most recent was Bank of America in 2009. I believe it's about $13 a share right now, and would have to get to around $25 a share for me to break even.
Again, nothing personal. I hope it works out for you in the long run.