I am starting to feel sorry for people who bought google and Apple at the beginning of this year
Google is down 34% year to date and Apple is down 41% year to date. Take a look at this guy here
I have no clue but it's definetly not a good sign! I bought google at
$683 so far im down like 30% or something im wondering weither or not
to sell and put my money in something that has a chance of going up or
hold on to google for the long run any suggestions?
Let's do the math for him :-0
If you run this in SQL
select ((451/683.0) -1) * 100
The output is indeed -33.967
What would you do if you bought the stock at $683?
What about this person whou bought the stock at $730
GOOG BROKE 500 SUPPORT
I've got to say, this is quite poxy!
I bought in at $730, two days before the decline began. It was a
stupid move, I will admit. I got carried away in the hype, which is
probobly one of the worst errors an investor can make.
Since I invested with money I could afford to lose I've decided that
I'll either make a profit in this trade or lose it all. So either it
goes back up and I make a small profit, or the company goes out of
business and I lose everything.
Sure what the hell, poor emotionally driven entry, poor emotionally
driven exit strategy.
I don't recommend it, just thought I'd share it.
The only real logic behind it is that there's a worldwide slump
dragging everything down, Google included, and I think Google is
healthy enough to ride it out without going bust.
No comments:
Post a Comment