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Re: Stock pick from M* today 

By: ribit in POPE | Recommend this post (1)
Sat, 30 Jun 12 12:46 AM | 47 view(s)
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Msg. 62966 of 65535
(This msg. is a reply to 62940 by DGpeddler)

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dgp
...if he had cost me $400,000 he would either be in the witness protection program or taking a dirt nap.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!


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The above is a reply to the following message:
Re: Stock pick from M* today
By: DGpeddler
in POPE
Fri, 29 Jun 12 10:46 PM
Msg. 62940 of 65535

snapits, I was moving my money (401k) from AT&T into guaranteed interest when C. Michael announced the spin off of AT&T Wireless. I fell for it and moved back into AT&T stock to get the spin-off. Then things happened and I did not watch the stock for a time. The price dropped down into the $20 range. I figured it would go back up but it kept dropping. At $18 the BOD changed the price of stock options for C. Michael and others from $24 to $12.50. They quickly worked those options and sold the stock. The price continued down. SBC bought AT&T at around $5. Over all, it cost me about $400,000.


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