Quote:
Originally Posted by LWJ
I own way too much of a highly volatile stock. It tanked in the last few months. But it will rocket back up some day soon as it is a great company. Yesterday it was painfully low and I told Mrs. LWJ that we should buy more or buy options. It is up $5 this am.
Summary: I have a position that I am highly familiar with but no. I don't do weird stuff with market timing.
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That happened to me last week. A stock i have held since its IPO at $17 in 2010 and shot to $300 over a few years has been lingering at $130 for over a year. I was thinking of just cashing out and they had a buyout offer last Monday and it jumped 37%. Still holding on to it and see if the deal goes through.