wishing I bought more... am I smart, an idiot or just lucky.
Not too long ago I decided to buy back some RIMM stock. We owned some in our investment club but sold it a while back and it had since tanked. I bought in at $11.34.share thinking that the stock was way undervalued and that the new BB10 would breath a little life back into the company. Today, it's trading at $15.20/share (at this moment). It's up $3.86 or 34% in the past month. not a bad return on investment.
What stock has been your biggest movement in your portfolio lately?
Mine would have to be SAM bought at $20ish and trading between $130-140... again wish I bought more.
Worst in the portfolio is Flagstar. It's reverse split several times and I think I only have a handful of shares. It will cost me more money that I will cash out just to sell the damned thing so I keep it in there. BIG loser for me.
What do you look for in a stock that you are going to purchase?
Monday morning quarterbacking stocks is always easy. Can you call it before, though? I honestly don't have a stock that is killing it for me, but I tend to look for stocks that are for a company I can connect with...like a strong product portfolio that I would buy for myself. Emotional and financial investing may not always mix well, eh?
ReplyDeletehttp://money.cnn.com/m/#!/2013/01/29/rimm_blackberry_stock.json?category=Latest News
ReplyDeleteInteresting perspective...
Yeah - read through that this AM. We shall see how it all plays out.
ReplyDeleteResearch in Motion is changing its name to Blackberry....do we get in on this stock now???
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