I’ve been thinkingaboutmystock. Dusty gave me some really sound advice when we first started day trading. He told me the only way I would permanently lose on a piece of stock would be if I sold it. I’ve lost a lot already. I’ve been holding it so long I don’t even really pay that much attention to it. I do check it every day to see my gain/loss for the day but I still have faith that NIO will continue to reduce their debt and build a strong enterprise. It took Tesla years to get where they are today and NIO is a big company so I have decided to hold this stock. Wish me luck. It has given me a headache more than once.
Good luck, Michele. You are being foolish and stubborn, which are good traits for a Christian to have. At least I’m in no position to mock you over it as I have lost on almost every stock I ever purchased.
Thank you, Reg but I don’t feel I’m being foolish or stubborn. I have taken time and thought through my options with this stock. It’s not a good stock to be in and it’s going to take years to recover but I can sit and monitor it. By holding it, the only way I can lose it all is if it goes belly up.
I’ll assume you prematurely sold out. If that’s the case, you can’t really complain about the performance of fluctuating stock. Good luck with Google. It doesn’t pay a dividend so you yield zero in that respect but it’s a strong stock and should perform well in the market.
Nope. I bought into Ballard Energy about 25 years ago, back when hydrogen fuel cell cars were going to be the future. I paid $107. The stock tumbled to $60 and I bought more thinking it couldn’t go any lower. I sold at $7. The stock was delisted shortly thereafter.
Then about 10 years ago I bought into some LED street light manufacturer that Adam linked me to. LED street lights were going to be the future and this company (the name of which I don’t even remember) had a bunch of flattering stories floating around in the tech press. Less than a year later they were insolvent, delisted and I lost everything I had invested.
I sold my last Google stock 5 years ago. I own mutual funds these days that other people manage. They are better at it than I am.
Gosh, Reg. I don’t want to put you on the spot but how did your Google stock perform because I’m thinking you prematurely sold out.
It has doubled in those five years but so have the rest of my investments. I’m still not comfortable with my retirement though. I’ll be fine if I die in a decent amount of time but if I’m unfortunate enough to live longer than I expect, I had better earn a bit more cash in the coming years. Of course if the Canadian economy crashes, all bets are off.
Chinaman to broker - That stock you sold me is losing money. What’s going on?
Broker - fluctuations
Chinaman - Oh yeah? Well fuck you white guys too!
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omg groan but also lol
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Ha ha ha ha
Ha ha ha ha
Ha ha ha ha
Ha ha ha ha
At what time do you go to the Chinese dentist?
2:30
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The most recent article credits Tesla.
Gulp* NIO is up $1.30 this morning.
You bought at $7. It’s now $3.88. It was $4.22 the last time you posted how well it was doing.
aww, oh well at least its not going down?
always look on the bright side of life la la lala lala la la
It did go down but on the bright side, I’m not.
thats bad news for your husband…
There’s hope for you, Michele. Apparently there’s a deal on the go with the local government and the stock is spiking.
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i would almost pray or hope for you but unfortunately i dont believe in such things… still maybe it will skyrocket and go to 10+ 
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I think NIO is having their earnings call.