NEVER disregard chapter 11 companies

[Goalie Interference]

This is one I watched, knew made sense to invest in, and disregarded my own beliefs. Now, I stew every single freaking day.......... :mad:

Kmart stock chart (http://finance.yahoo.com/q/bc?s=SHLD&t=5y)

And that's only one story of personal stupidity I can share. Take a gander at Marvel Entertainment (MVL).

Never, never, never disregard a company that is about to emerge from Chapter 11 restructuring.

[sogrgirl]

darn good advice. hindsight is always 20/20 so don't kick yourself too hard.

and look at it this way, you're in the dinar so all is not lost! it's gonna pay off, it's gonna pay off, it's gonna pay off.....

[nyinvest]

When I was young, back around 1976, my father had $2000 each to invest for us kids. Something to buy and put away. He heard about this new upstart in Arkansas and wanted to put it into that. His friend who was a stock broker talked him into buying a nice utility stock. When he gave us the certificates about 5 years ago, the $2000 utility was worth about $15,000. It was a nice gift.

The letters back and forth between my father and his friend were in the folder. The upstart was Walmart. It was trading at about $13/share. He was going to buy 150 shares. When we got the stocks in 2000, those 150 shares would have multiplied through splits to just over 76,000 shares @ $45. Roughly $3.5M.

Needless to say, his "friend" isn't real popular. Especially since he, to this day, maintains that he made the right choice in the utility stock.

[BrerRabbit]

This was the picture I saw when I first learned about the Dinar. I saw it as buying stock in a company that was on the verge of going under. I'm betting Iraq picks itself up and becomes a successful venture. I bought Dinars for less than pennies and I expect it to return dollars.

I just wish it would hurry a little bit. ;)

[Goalie Interference]

This was the picture I saw when I first learned about the Dinar. I saw it as buying stock in a company that was on the verge of going under. I'm betting Iraq picks itself up and becomes a successful venture. I bought Dinars for less than pennies and I expect it to return dollars.

I just wish it would hurry a little bit. ;)

Ditto to that. I'm not about to miss out on another KMart or Marvel. I'd rather be sitting in the backyard, drinking a cold beer, saying "man I wish that Dinar would have been worth something", as opposed to sitting there saying "I wish I would have spent a few bucks on Dinar when it was worthless".

[dougmyers]

When I was young, back around 1976, my father had $2000 each to invest for us kids. Something to buy and put away. He heard about this new upstart in Arkansas and wanted to put it into that. His friend who was a stock broker talked him into buying a nice utility stock. When he gave us the certificates about 5 years ago, the $2000 utility was worth about $15,000. It was a nice gift.

The letters back and forth between my father and his friend were in the folder. The upstart was Walmart. It was trading at about $13/share. He was going to buy 150 shares. When we got the stocks in 2000, those 150 shares would have multiplied through splits to just over 76,000 shares @ $45. Roughly $3.5M.

Needless to say, his "friend" isn't real popular. Especially since he, to this day, maintains that he made the right choice in the utility stock.
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((His friend who was a stock broker talked him into buying a nice utility stock.))

People get lawyers to go after bad advice from stock brokers these days!
And sometimes recover a lot of money from it!

I am not into that sort of thing myself, but it happens all the time.

[bottlebush]

Ya Its always the SUE them. Sue them.
Heck= I should Sue the unemployment admin for deciding to stop Extended benefits.
They sure did'nt mind me paying in for 30 years :mad:

[dougmyers]

Ya Its always the SUE them. Sue them.
Heck= I should Sue the unemployment admin for deciding to stop Extended benefits.
They sure did'nt mind me paying in for 30 years :mad:
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I agree BB with you!...I think when unemployment runs out they should automaticly move a person onto SS benifits untill they can find a job.
You got to have some kind of income, and SS is your money! Even if our government thinks it not! :mad: