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Old 22-01-2008, 01:56 PM   #1
Mr. Bluesummers-3DT
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Are your investments imploding too?

Who else here is shedding portfolio value like it's going out of style? Share your story!

Suggested format
3 months ago value,
Today's value.

Primary holdings:
Story.

i.e.

3 Months ago: $12,400
Today's Value: $4,360
Primary Holdings: NVDA

A few weeks ago I built myself a securities portfolio built out of a few tech stocks (banking on nVidia to outpace its rivals). I took up a large position (1:1 cash/margin) in it after reading positive reviews, checking their financials, and armed with a little industry knowledge . When the subprime problem started, I sold all my other positions and built a hedge (with remaining cash/margin) to prevent any losses from that block of stock. This worked for a while and I unwound the position (except my target, nVidia) to take profits while I waited for that last big chunk to edge up to my limit order.

The subprime problem turned from a rumor to a fact, and the stock blew apart on all the news of slowdowns.
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Last edited by Mr. Bluesummers-3DT; 22-01-2008 at 02:04 PM..
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Old 03-04-2008, 01:07 PM   #2
Honki
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YYYEEEEAAAHHHH!!!!!!

Back up to $1.92 this week!

For those who care;
http://finance.google.com/finance?q=ASX:IMD

I bought 35000 of these shares at 29c each back in Dec '05 (AU$10k and a little bit).
I want to buy another property, so I planned to sell them after New Year '08. but....

How are yours doin' Guy? On the up & up?

Hopefully that's the worst over with, and we can all start making money again.
That was a scary few months.

"When America sneezes, the world catches a cold."
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Honki's helpful thread of uselessness.

something wrongI think

Last edited by Honki; 04-04-2008 at 08:52 AM.. Reason: A bit silly.
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