Quote:
Originally Posted by Peemoan
W, did you pull the trigger on BP at $45?
I hope not! If so, post up your RR.
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I would do the same thing. But I might wait till $40 or lower.
It ain't gonna stop dropping anytime soon.
And BP is a big big company. They and many others have hit rock bottom and bounced back in a year or two.
I buy my companies stock at $50 and sell at $55. I have made a bundle in the past. This year ain't did so good.
When the banks fell and obammer gave them $900B, they bounced back up. Some people who got in at the bottom made a killing.