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Re: Jetmek_03052 post# 3374

Saturday, 02/07/2015 9:05:49 PM

Saturday, February 07, 2015 9:05:49 PM

Post# of 11962
That is correct, the investment I was referring to blows GE away by far, the stock was PIR ,traded it from march of 09 through 2012, made tons of money. You could have bought 100,000 shares for .10 per share in march of 09 and sold it in 2013 for $25.00 per share, you do the math. Tell me you will see that kind of return in GE, a good co, however, not as good as investment as PIR, that IS why I buy individual stocks. This is only one of many in my 2009 portfolio that made this large of a return. Someone commented it was best to leave individual stocks alone, this is the remark I was referring to. I am a trader of thirty five years, this is the trade in which I beat Warren Buffett, you see, he sold the stock months earlier and did not repurchase it at the march 2009 bottom. Trade well in GE. The company was Pier One Imports, a forty five year old company selling for pennies on the dollar.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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