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Biglari Holdings Ordinary Shs Class B C.BH


Primary Symbol: BH Alternate Symbol(s):  BH.A

Biglari Holdings Inc. is a holding company owning subsidiaries engaged in a number of diverse business activities, including property and casualty insurance, licensing and media, restaurants, and oil and gas. The Company’s restaurant operations are conducted through two subsidiaries: Steak n Shake Inc. (Steak n Shake) and Western Sizzlin Corporation (Western Sizzlin) for a combined 492 units. Its insurance activities are conducted through two insurance entities, First Guard Insurance Company and its affiliated agency, 1st Guard Corporation (First Guard), and Southern Pioneer Property & Casualty Insurance Company and its affiliated agency, Southern Pioneer Insurance Agency, Inc. (Southern Pioneer). Its insurance businesses provide insurance of property and casualty. The Company's oil and gas operations are conducted through two entities, Abraxas Petroleum Corporation (Abraxas Petroleum) and Southern Oil Company (Southern Oil). Abraxas Petroleum operates oil and natural gas wells.


NYSE:BH - Post by User

Comment by SeekingDoubleson Feb 24, 2010 11:42pm
299 Views
Post# 16817862

OUCH !! RE: Easy 10 bagger from here?

OUCH !! RE: Easy 10 bagger from here?
 
SHOOT, was I ever dead wrong on this (moronic) position

...and now i feel the need to pony up and admit my (extreme) loss trading this ticker symbol...

from 2004 to 2010......  wait for it... north of $60k... 

YYYYYYYYYYEEEEEEEEE------OOOOOUUUUUUCCCCCCCCHHHHHHHHHHHHH

thank goodness for HRG...  got into that in 2008 just before the russians showed up, and yet continued to buy large, all the way up to 0.55

still praying for my 10 bagger their...  (need to see 1.32)... if / when / then I may / will stop beating myself up on this catastrophe

...and at least my current (yet unrealized) HRG gains are large enough to absorb my earlier (and pathetic) attempts at trading this pig

(had to be a few brain-dead moments in my futile conquest to chase this one all the way down from 0.99 to zero) 

and now it's time to turn to a more positive note with a few tequila shooters and beer chasers

back to the basics for me... I will never average down again, I will never average down again, I will never average down again, I will never average down again, I will never average down again, I will never average down again,
cheers and good fortune to all


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