No. of Recommendations: 0
I started researching Enron two years ago and although I was intrigued by the company and it's business I never felt I understood the stocks value well enough to invest. When the stock hit 80 or so though, I started thinking I understood enough to know that this was one overpriced stock that had nowhere to go but down. I wanted to short it but the (remote in this case) risk of unlimited losses kept me from doing so.
This was the one that got away.
The lesson for me is that if I've done due diligence on a stock for two years I should trust my instincts.

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.