Storm5
Member
I bought into the hype and own a good bit too. Maybe if we all bad mouth it then it will go up.
I’m gonna hold it for at least another month
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I bought into the hype and own a good bit too. Maybe if we all bad mouth it then it will go up.
My Delta stock is going nuts after hours. Closed at $24.54 and is at $26.50 right now.
There it goes.Man, crude just can't get below $20. It is incredibly well-defended.
Not surprised. Reverse splitting a stock means their price was so low they had to artificially make it look better than it really is so regular folks might buy it. Plus only way any institutional investors will touch it because they have rules that don't usually let them hold stocks below a certain price. That company has been in trouble for a long time. I held stock in them at least a decade ago and it was a mess.Hopefully, this isn't the start of a several energy companies doing reverse splits...It usually just kills a stock price
CHK Stock Price | Chesapeake Energy Corp. Stock Quote (U.S.: Nasdaq) | MarketWatch
CHK | Complete Chesapeake Energy Corp. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.www.marketwatch.com
Growth of $10,000.00 Without Dividends Reinvested | ||
Start date: | 04/15/2010 | |
End date: | 04/14/2020 | |
Start price/share: | $23.06 | |
End price/share: | $0.13 | |
Dividends collected/share: | $1.63 | |
Total return: | -92.37% | |
Average Annual Total Return: | -22.68% | |
Starting investment: | $10,000.00 | |
Ending investment: | $762.62 | |
Years: | 10.01 | |
Guys.
Take Profit.
Don’t hold bags.
Don’t hold through reverse splits.
This is coming from experience. I held a stock all the way down to $0.01 one time. Literally... thinking it would go back up given random news and hopeful BS from the CEO of a failing company. CEO and company news can BS news so well, it’s fake news and should be illegal! They also hide financial data until the last minute.
If you’re losing say $100 and you want to wait until you break even, but the stock is headed down, imagine losing it all. -$100 isn’t that bad is it? You have all year to make that up. Sell.
The number one rule of short term trading is take profit, number 2 is know your exit. It pains me to read some of these posts knowing you guys are just going to lose more $. Cut the loss!
I'm glad you posted this. It knocked some sense into me and I have liquidated all my positions. I ended up with like a $100 profit on an initial $1,000 investment. I was never playing the market to get super rich or for my retirement, it was mostly to have fun and honestly it stopped being fun.