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goobster  ·  3020 days ago  ·  link  ·    ·  parent  ·  post: Sell everything ahead of stock market crash, say RBS economists

Man, I wish the "check back in two hours" thing worked for me this time...

I was holding a chunk of stock from an old employer for a "rainy day fund." It was running about $133/$134 per share, and I got it at about $100/share, so I'm making a little money. So I put in a sell order at $135.

Two days later - at $134.2, or something - China tanks. (Back in November, I think?) The market (and my stock value) goes with it. Down to $108, or something.

Then the new CEO who everyone was so excited about suddenly is out, and all anyone will say is that he was ousted for "personal conduct problems". Stock tanks again.

This was MONTHS ago and I am still underwater on these shares. And all I wanna do is divest from this company, and use that money in a more stable holding tank for emergencies.... sheesh...