So, I don't normally start a thread here, but I have a question about stocks I have.
I bought an account, an awesome one at that, but when I looked in the stock department, I saw that this person before me had spent about 1.3 mil on POWR, this is what it says
POWR
Open/ Current/ Chg / QTY / paid / market value /% change
11/ 9 / -2 / 7,XXX / 1,3XX,XXX / 64,XXX / -95.11%
What do I do to fix this? Is there anyway TO fix this? Or do I just have to suffer?
I have been checking on this daily and the max market value it will raise to is about 300k and thats still a loss.
Just wait it out.
Eventually there is a chance it may go back up.
Your options are to either sell it for a loss (which isnt really a loss for you considering you didn't buy it in the first place) or wait it out and see if you can get a big profit from it.
alyssanicole (03-10-2015)
I feel like I have been waiting forever! lol.
But I guess I can wait it out, it just sucks to see that there is 1.3 mil invested in it and I can only get 300k.
Just like the stock market in real life
Sometimes you invest small and make a huge profit, sometimes you invest big and take a huge loss.
Its all a game of numbers.
alyssanicole (03-10-2015)
Thanks for the help. It's been bothering me for a while now and I just thought I'd post something about it. lol
POWR tends to be really up and down. Haven't seen it that low in awhile though. Its a popular stock so I'm sure it will go crazy high again eventually.
alyssanicole (03-10-2015)
I hope so!
Is that low the same for everyone or just me?
For everyone, you might just have lost more then some, but everyones went down by the same %Originally Posted by alyssanicole
Well, depending when they bought.
alyssanicole (03-10-2015)
7000 shares @ 1.3m? Unless im reading that wrong you wont ever make that back lol
POWR went HUGE a couple years back out of no where. I'm sure she will make some of back at least xD That is, hoping POWR does the same pattern.
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