My Worst Stock Trade Ever
Posted: Mon Jun 13, 2022 7:29 pm
Everyone often mentions their best stock trade but not their worst. We all have winners and losers but it is the winners that stick with us.
However I have one stock that just keeps eating away at me. It is a Canadian energy stock called Surge Energy. I bought it at a time when energy stocks were starting to drop for 0.99 cents and thought I made a good deal. After continuing years of dropping oil prices I finally gave up on it and sold my 2062 shares for a whole 0.19 cents each. I bagged less than 400 dollars.
Of course shortly after I sold it oil went on a run that continues today. I had waited years for oil to start rising and it took my selling out before it would rise. June 8th Surge energy hit 13.37 a share. If I had sold June 8th I would had made 27,569 dollars....instead of 400. I would have made 27 thousand more dollars.
This was just 20 months after I sold.
I know hindsight is 20/20 but still I can't get over that one. Burn.....
However I have one stock that just keeps eating away at me. It is a Canadian energy stock called Surge Energy. I bought it at a time when energy stocks were starting to drop for 0.99 cents and thought I made a good deal. After continuing years of dropping oil prices I finally gave up on it and sold my 2062 shares for a whole 0.19 cents each. I bagged less than 400 dollars.
Of course shortly after I sold it oil went on a run that continues today. I had waited years for oil to start rising and it took my selling out before it would rise. June 8th Surge energy hit 13.37 a share. If I had sold June 8th I would had made 27,569 dollars....instead of 400. I would have made 27 thousand more dollars.
This was just 20 months after I sold.
I know hindsight is 20/20 but still I can't get over that one. Burn.....