No. of Recommendations: 1
My stock club is doing pretty well now, but we've definitely committed some errors.

Buying McLeod soon after it went public wasn't dumb; the stock doubled and then tripled in value. BUT -- holding on to it as it plummeted, until we finally sold at around thirty cents! (we'd bought at about $17) -- THAT was dumb. We did the same thing with Engineering Animation; we even bought more shares as it began to drop, thinking that it had such good products that it would come back up. Uh uh. We rode that horse all the way down til it died at the bottom of a ravine.
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