- Joined
- Mar 8, 2009
- Messages
- 42,047
I am by no means a player in the stock market. Have had wins and looses, and wonder what others have done
In 2008 all the car stocks were falling, so out of a wild A** thought I bought some Ford, figuring there is no way the US would allow Ford to go down. Ford stood their ground and stock has been good (Penny's to dollars)
Wife had Walmart for many years and it never did anything. We sold it and not a year later it took off, so lost there
Always like Cummins and got it low and it has done good
Jamie Dimon was buying First Republic Bank May 2023, as it was falling so I bought some of the stock figuring he knows something. Well if he knew something it's not apparent because I lost almost everything. Not bankrupt "yet" but got it real low so not much at stake
Last is Kaiser, saw a post on THT showing where cars on "car and driver" listed to be discounted $16K to $24K of 2023 cars. Tried to buy one but appeared no one has responded. Noticed the stock was barely above 0.018 cents a share. Ok I decided to buy some and today it's up 20%, so what. A 20% increase of 0.18 cents is not much, but if things take back off, WoW
If it doesn't take off, big fat harry deal, had some cheap fun
In 2008 all the car stocks were falling, so out of a wild A** thought I bought some Ford, figuring there is no way the US would allow Ford to go down. Ford stood their ground and stock has been good (Penny's to dollars)
Wife had Walmart for many years and it never did anything. We sold it and not a year later it took off, so lost there
Always like Cummins and got it low and it has done good
Jamie Dimon was buying First Republic Bank May 2023, as it was falling so I bought some of the stock figuring he knows something. Well if he knew something it's not apparent because I lost almost everything. Not bankrupt "yet" but got it real low so not much at stake
Last is Kaiser, saw a post on THT showing where cars on "car and driver" listed to be discounted $16K to $24K of 2023 cars. Tried to buy one but appeared no one has responded. Noticed the stock was barely above 0.018 cents a share. Ok I decided to buy some and today it's up 20%, so what. A 20% increase of 0.18 cents is not much, but if things take back off, WoW
If it doesn't take off, big fat harry deal, had some cheap fun