UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next
Author: TOOFUZZY One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 727  
Subject: When your stock tanks. Date: 2/5/2002 12:41 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Over the years stocks like Long Island Lighting Company, Chrysler, and more recently many tech companies drop 90% or more. Some recover and some do not. What is the best way to handle that in an AIM program? What do you do when a company you believe in keeps sinking especially right after your first purchase? Once your AIM stock runs out of cash all you can do is watch as it goes up and down way below your first sell price. One suggestion was that when "CASH" is less than the new "BUY" signal that you limit your buy to 1/2 of "CASH". That will always leave you some money to buy shares at lower prices without committing any more money than you initially commited with your first purchase. Has anyone come up with any other ways to deal with tanking stocks? One thing you can not do with an AIM program is cut your losses.

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next


Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
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.
Post of the Day:
Macro Economics

Does Greece Want to Leave Eurozone?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
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.