03-27-2002, 07:08 PM
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Confirmed User
Join Date: Feb 2002
Location: Location, Location
Posts: 198
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Quote:
Originally posted by MetaformX
iyou guys wanan hear a funny/sad story? some may not believe this, but it is true
there was a stock called IFTP. it was a penny stock....back then, i wasent really into penny stocks, but i just loved the chart on this stock. and i bought it...alot of it...55,000 shares at 16 cents a share(around 10 grand)
well, 2 months later, it went up to $1.12 a share!
i had a 50 grand profit in like 2 months.....it was amazing..best feeling in the world..........
i ended up selling it at around 95 cents....made more then 40 grand, and then proceeded to lose all of it in the next 3 months.
this was when i was 19, so for a 19 year old, 40 grand is like being a milionare
oh well, live and learn i guess.....i still intend to get back in trading...i think i can make money.....you just gotta be disciplined...which is very hard sometimes
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hehe, bought yahoo post split @$25 an doubled the money 4 days later;) those were the days |
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