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Jun 26 2020 12:55pm
Thinking to do some gold stocks or gold mining stocks next week. Need to run some analytics though. Took a hellish amount of time to close on a new property, all these re-finance people clogging the works up.
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Jun 26 2020 01:02pm
Quote (RedFromWinter @ 26 Jun 2020 14:55)
Thinking to do some gold stocks or gold mining stocks next week. Need to run some analytics though. Took a hellish amount of time to close on a new property, all these re-finance people clogging the works up.



Congrats my friend!
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Jun 26 2020 01:11pm
Vicious days lol

my spy calls ruinedddddd

There is my months gambling money down the drain
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Jun 26 2020 02:42pm
Is one of you going to admit you bought wirecard or are we just gonna sit here and pretend?

This post was edited by dro94 on Jun 26 2020 02:42pm
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Jun 26 2020 02:51pm
Quote (dro94 @ Jun 26 2020 03:42pm)
Is one of you going to admit you bought wirecard or are we just gonna sit here and pretend?



Didn’t have that but I had(have) Luckin @25$ per share


In my real portfolio lol, not option account

And in my roth

This post was edited by Bazi on Jun 26 2020 02:52pm
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Jun 26 2020 02:55pm
Quote (Bazi @ Jun 26 2020 09:51pm)
Didn’t have that but I had(have) Luckin @25$ per share


That's unluckin. You bought in before or after you knew about the fraud?
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Jun 26 2020 02:59pm
Quote (dro94 @ Jun 26 2020 03:55pm)
That's unluckin. You bought in before or after you knew about the fraud?



I bought in before around low 30s. Then after the fraud I averaged down a little bit before it got unlisted, to average price of just under $25. Then I been looking at this ugly thing in my portfolio ever since then. Riding it out to zero I guess
Member
Posts: 33,771
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Jun 26 2020 03:06pm
Quote (Bazi @ Jun 26 2020 09:59pm)
I bought in before around low 30s. Then after the fraud I averaged down a little bit before it got unlisted, to average price of just under $25. Then I been looking at this ugly thing in my portfolio ever since then. Riding it out to zero I guess


Why? You won't get anything back as an ordinary shareholder. They've legally got to pay out secured creditors first, then unsecured creditors, then preference shareholders, then ordinary shareholders. It is irrational to hold onto shares simply because they've gone down in value so much it's not worth a significant amount to you anymore, when the consequence will be having nothing.
Member
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Jun 26 2020 03:07pm
Quote (dro94 @ Jun 26 2020 04:42pm)
Is one of you going to admit you bought wirecard or are we just gonna sit here and pretend?


Did not. My bad move was having more than the recommended amount of emerging markets allocation in my 401k, still feeling that one.

This post was edited by obisent on Jun 26 2020 03:09pm
Member
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Jun 26 2020 03:10pm
Quote (Bazi @ 26 Jun 2020 16:59)
I bought in before around low 30s. Then after the fraud I averaged down a little bit before it got unlisted, to average price of just under $25. Then I been looking at this ugly thing in my portfolio ever since then. Riding it out to zero I guess


Ouch. carry forward losses you can offset gainz on for years now
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