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Thursday, September 11, 2025 2:49:46 PM
$40,000 divided by 22,500,000 shares means you paid $0.00178 each back in 2008. Does that sound right?
If so, your 22.5 million shares were reduced by 15 on 7/1/2025 which means you now have 1,500,000.
1,500,000 x 0.024= $36,000 today, yes?
If it goes up a tick or two and you can unload them you *might* get some of your money back. Unfortunately, you've lost a fortune had you invested your $40k in something of real value for those 17 years.
Back in 1994 I invested that much and more in the Fidelity OTC Portfolio (MUTF: FOCPX). Check the performance chart. OTC is extremely risky so diversity and liquidity seem called for. That and experts to pick quality OTC companies. I should have bought more after the Dot Com bust, the 2008 sub prime/Great Recession bust, the Covid bust and Trump's tariff panic in April.
Even so, after 30 years I'm up 10x and slowly taking profits.
If so, your 22.5 million shares were reduced by 15 on 7/1/2025 which means you now have 1,500,000.
1,500,000 x 0.024= $36,000 today, yes?
If it goes up a tick or two and you can unload them you *might* get some of your money back. Unfortunately, you've lost a fortune had you invested your $40k in something of real value for those 17 years.
Back in 1994 I invested that much and more in the Fidelity OTC Portfolio (MUTF: FOCPX). Check the performance chart. OTC is extremely risky so diversity and liquidity seem called for. That and experts to pick quality OTC companies. I should have bought more after the Dot Com bust, the 2008 sub prime/Great Recession bust, the Covid bust and Trump's tariff panic in April.
Even so, after 30 years I'm up 10x and slowly taking profits.
Bearish
Do not buy, sell or make any investment decision based information or opinion I post. I conduct my own DD. If you don't like it feel free to prove me wrong.
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