Which of your stocks may never recover? Let's talk about your longest-lasting “losing-friend”.
For example, those bought $First Republic Bank (San Francisco, California)(FRCB)$, $SVB Financial Group(SIVBQ)$, and $Credit Suisse Group AG(CS)$ during the bank run;
Or those who participated in the 2021 short squeeze battle by buying $GameStop(GME)$ or $AMC Entertainment(AMC)$ ; ( $GameStop(GME)$ is about to release earnings this week)
Or perhaps those who bought $VinFast Auto(VFS)$ at its peak last year?
Except for these stocks, which of your stocks are still losing? Share your experience with others!
Which stock is your longest losing friend?
What’s your bagholder experience?
What lessons do you get from these stocks?
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Comments
one important aspect is to have stocks that have good fundamentals and managed by good management with good risk management. this way, you can sleep sound at night [smile] [smile] [smile]
@Aqa @Shyon @rL @koolgal @HelenJanet @LMSunshine @Universe宇宙 @GoodLife99 @DiAngel
Leave your comments and also post to win tiger coins!
Every valid comment will get at least 5 tiger coins!
The hot and insightful comment will even get hundreds of tiger coins!
Another stock is called Serbadk, which I bought at RM1.8 and cut loss at RM0.795 when there was a huge scandal about the top management releasing false statements about their quarterly results, the company is now on the verge of delisting.
From these lessons, I'm now more cautious (traumatized) and buy companies that I'm familiar with
I purposely kept it as my lesson learnt. Everytime I see it, I will remind myself to plan my trade and trade my plan! And never FOMO to chase after a meme stock!
I used to drop into the trap of GME but never as worse as this one [Cry] [Cry] [Cry] [Facepalm] [Facepalm] [Facepalm] [Spurting] [Spurting] [Spurting] [Anger] [Anger] [Anger]
How about you? Come and share your longest losing friend with the lesson learnt behind for all tigers to refer and grow.
@Tiger_comments @TigerStars @CaptainTiger @MillionaireTiger