.... years ago I bought American Casino Entrprises ACE (@ around $8) and it went down, down, down then did a reverse split 1/3 (1000 shares went to 333 shares). I took 33 shares 'in kind' and had them on my wall for years as 'worst investment I ever made'. I fianlly sold the last 300 shares for about $150!
Be Careful Buying ANY Stock! I daytraded for a LONG time and overall did very well, BUT I remember there were some really bad days in 2000 and 2001! I took a few good BATHS in the market. Now that I am retired the only gamble I take with that money is 'will I live to spend it all'
|