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Author: amgato Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 3949  
Subject: My dumbest investment Date: 8/1/2012 12:11 PM
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I find myself embarrassed just thinking about it. I've owned Netflix since it was $19 a share. When it hit $277 I decided to sell. The next day it went up to $283 and I thought "What was I thinking?" and bought it back. The rest is very sad history as today it is under $50 a share. My original gut instinct was accurate, but my inner fool got in the way and I'm paying for it now. While the loss is huge today, I did in fact milk the stock over the years and took the profit numerous times to expand my portfolio in other directions. I'm hoping that one day it will come back again as I'm not selling now. And I continue to use Netflix way out here in the country, looking for my discs in the mailbox and happy to get them.
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