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Old 06-17-2004, 07:06 AM  
FlyingIguana
aspiring banker
 
Join Date: Mar 2002
Location: toronto
Posts: 10,870
Quote:
Originally posted by stevo
I bought Nortel around $2, and sold at $7.84...

I only bought a thousand shares. I remember wanting to put down $10,000, but at the time i was doing pretty bad in the market so i didnt want to risk too much.

I think it will grow again. Give it a year or two, but eventually you will double your money!
yesterdays losers can be tomorrows winners. nortel was a growth stock during the bubble and then after the bubble popped it became a value stock.
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