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Cincy Trader

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Cincy Trader

Re: fabian post# 646980

Thursday, 03/18/2010 9:44:22 PM

Thursday, March 18, 2010 9:44:22 PM

Post# of 704019
Fabian, yes, it's a hard lesson to learn. I recall buying JDSU at 20 thinking it just had to bounce back. I mean, it was down from 150. I dumped it at 15 for a 25% loss. But I know a guy who bought it at 148 on the way up. He still owns it. Incredible.

But it's trading at 11 now. Oh, wait. There was that 1 for 8 split thing. That makes it worth about an equivalent 1.50 or a 99% loss for him. Ouch.
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