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Stock trading nerds, need advice...
Question:
I bought a chunk of Ford last year at $2.75/share.
Today its trading at $11+.
So I'm past a 300% return on my money. They've had grumblings lately that due to their high debt load they may do something like a reverse split (I think) to help refinance the debt this year. Remember, they didn't take the bailout.
When do I dump it or should I hang on to it? I haven't a clue...
Thanks
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'84 Carrera Coupe
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