Thread: Investing 102
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Old 05-28-2013, 10:18 AM
toy71camaro toy71camaro is offline
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No complaints here!!

ED Dropped back some over the past week. Seems the news article about them charging the highest rate for Electricity in the US didnt help me any. lol.



Here's a question however...

back long before my Investing 102 days I made a decent purchase ($ wise, not "smart" wise. lol)... (compared to what i have in my ROTH Investing 102 account that went belly up. Now its a "fraction of a penny" stock. lol. What's your thoughts on this one? My thought, is that its so low, it will cost me more to sell it than what its worth (ouch). So holding it is costing me nothing, other than seeing the lower overal % growth being true for my account. I figured since it doesnt cost me, perhaps i should just hold onto it, and maybe one day in the far far future they come back.. lol. The stock was Storm Cat Energy, who went bankrupt not to long after my purchase (relatively speaking. It now goes by the ticket SCUEF, and is no longer listed on the normal stock exchange (which not sure if i could even sell it if i wanted). The original $ amount makes up about 4% of my total "ROTH" account. So that obviously takes a hit on my Gains/Losses column.

This is in a ROTH Account. So no tax benefits either way...
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Albert


My Toy... is actually a 1973 Camaro LT and a '09 HD Dyna.

Last edited by toy71camaro; 05-28-2013 at 10:37 AM.
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