Post by
BayStreetWolfTO on Jul 16, 2021 8:49am
Hoover re: stock attachment
Good morning Hoover it is very common for investors to fall in love with their stocks especially longs. Shorts and the new millennial traders have short attention spans so they always look for quick flips but longs buy in to the story long-term.
I actually myself have been attached to stock. Christmas in 1990...yeah dating now...the young one was hitting his teens and the question was what company would you want a piece of if you could own anything. The answer at that age Coca Cola LOL...anyhow Christmas time and 100 shares. It's more a sentimental hold now...the first stock. Sure he probably could have sold and made more somewhere else but you get attached. We do though chuckle time to time and he says he should have picked Apple....oh well win some lose some...anyhow I get the attachment. Many young whippersnappers might not get it though
Comment by
Hoover69 on Jul 16, 2021 9:18am
Totally agree this can happen. But loving 100 shares of Coke is very different than "loving" $500,000 of Baytex when it sounds like the total portfolio is worth close to that $500,000. A sad situation indeed. Hopefully it will work out but letting it all ride on one stock (BTE) is a little like playing roulette.
Comment by
Maxmoe on Jul 16, 2021 10:09am
Give it up newbie. Just put the clown on ignore with the rest of us. It's a waste of your time and it pollutes the board to engage in any conversation with the idiot. He's been doing this for years. Or if you persist, you get put on to ignore with him.
Comment by
Hoover69 on Jul 16, 2021 12:02pm
Such a mature response Moe.