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Kool Aid Man

09/11/25 2:49 PM

#97816 RE: JPanic #97813

$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.
Bearish
Bearish
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JPanic

09/11/25 3:41 PM

#97819 RE: JPanic #97813

Didn’t pay $40k. Worth about that now, or last week. Moved and forgot about them, That’s why they are with the state as unclaimed property, now claimed. Cant liquidate until they are in a trading account. That’s the challenge.