Investing 102

[GregWeld]

I've had fun with this thread... investing is a passion of mine that is right up there with hot rodding.


Laughing about the Nike buy. Back in the day -- I bought (was allowed to buy) 1000 shares in the IPO of Starbucks.... it went public at $14 -- on a Thursday or a Friday... I flipped it out up .50 on Monday and thought I'd cut a fat hog in the azz... 'cause I'd made a whopping $500 in one or two days.


It has gone up 6392% --- but I made $500


That's a ONE POINT THREE MILLION DOLLAR loss.....

[Sieg]

Originally Posted by GregWeld

I've had fun with this thread... investing is a passion of mine that is right up there with hot rodding.


Laughing about the Nike buy. Back in the day -- I bought (was allowed to buy) 1000 shares in the IPO of Starbucks.... it went public at $14 -- on a Thursday or a Friday... I flipped it out up .50 on Monday and thought I'd cut a fat hog in the azz... 'cause I'd made a whopping $500 in one or two days.


It has gone up 6392% --- but I made $500


That's a ONE POINT THREE MILLION DOLLAR loss.....

I've only got 50 shares of Nike now..........just because. Have any SB's

Speaking of passion, that '62 has serious potential, I'm looking forward to living vicariously through that build thread. A friend picked up a black '62 409 SS in the 80's and my first impression of that car is etched in my mind.