Current Events > i lost $500 today in the stock market

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ChrisHanson24
05/17/17 5:39:04 PM
#1:


should I just sell everything?
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MixedRaceBaby
05/17/17 5:39:25 PM
#2:


i diversified and...

well i still lost money. bad day for the market huh
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Squall28
05/17/17 5:40:10 PM
#3:


I don't even want to look.
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Bloodychess
05/17/17 5:41:00 PM
#4:


So is it going to rebound, or was this the rebound
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Dustin1280
05/17/17 5:42:41 PM
#5:


Diversified and still lost $375 here
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John_Galt
05/17/17 5:52:01 PM
#6:


Down 1.28%
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Doom_Art
05/17/17 5:53:32 PM
#7:


turns out the president being unstable is bad for the market
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Dustin1280
05/17/17 5:53:52 PM
#8:


Doom_Art posted...
turns out the president being unstable is bad for the market

who would have thought?
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YookaLaylee
05/17/17 5:54:05 PM
#9:


Doom_Art posted...
turns out the president being unstable is bad for the market

It's still higher than it was before the election
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mustachedmystic
05/17/17 5:54:15 PM
#10:


Yes, like the cartoon said, buy high, sell low.
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Dat_Cracka_Jax
05/17/17 5:56:26 PM
#11:


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YellowSUV
05/17/17 6:07:43 PM
#12:


Stock market is bound for a correction and the minimum.
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Roxborough4Ever
05/17/17 6:10:28 PM
#13:


lol....acting like it doesnt change day to day.....you hold those bags...i'll buy in
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Gravityfare
05/17/17 6:10:51 PM
#15:


YookaLaylee posted...
Doom_Art posted...
turns out the president being unstable is bad for the market

It's still higher than it was before the election

Turns out the market hates the uncertainty of not knowing who will be President and making policy the next 4 years. It's as if it would've risen either way.

Also: I'm down $112...Mattel's Dividend day was today so it only dropped a few cents...
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John_Galt
05/17/17 6:18:35 PM
#16:


Gravityfare posted...
YookaLaylee posted...
Doom_Art posted...
turns out the president being unstable is bad for the market

It's still higher than it was before the election

Turns out the market hates the uncertainty of not knowing who will be President and making policy the next 4 years. It's as if it would've risen either way.

Also: I'm down $112...Mattel's Dividend day was today so it only dropped a few cents...

Ugh, MAT

Owned that thing for 2 years thinking I would collect the fat div while management turned things around

Finally gave up on it and got out with a measly 3% gain
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Gravityfare
05/17/17 6:24:42 PM
#17:


Two full years that's really interesting. What year did you buy in/what year did you sell? I'm really curious.

I literally just bought into it end of April. I've had it on a Watchlist for about 9 months though. It got hammered from a quarterly earnings report and so I swooped in.
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No time to freeze undercovers ease up in Grand Prix,
and seize packages and pocket the currency.
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Gravityfare
05/17/17 6:26:06 PM
#18:


Also I would not have bought it if not for the 7% dividend.
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and seize packages and pocket the currency.
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chill02
05/17/17 6:26:35 PM
#19:


YookaLaylee posted...
Doom_Art posted...
turns out the president being unstable is bad for the market

It's still higher than it was before the election


for me it is, too, yeah >_>
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Darkman124
05/17/17 6:26:56 PM
#20:


babys first down day

i ate people like you last year
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__aCEr__
05/17/17 6:27:43 PM
#21:


That's like nothing.
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chill02
05/17/17 6:27:54 PM
#22:


Darkman124 posted...
babys first down day


also this

I lost like $1,000 a year ago but made that back plus more by now
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Harpie
05/17/17 6:27:58 PM
#23:


mustachedmystic posted...
Yes, like the cartoon said, buy high, sell low.

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Darkman124
05/17/17 6:28:42 PM
#24:


chill02 posted...
Darkman124 posted...
babys first down day


also this

I lost like $1,000 a year ago but made that back plus more by now


i remember that topic in feb last year when i bought around SPX 1900

48 hours later i had lost around $10,000

those were some gud trading days.
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E32005
05/17/17 6:29:48 PM
#25:


ChrisHanson24 posted...
should I just sell everything?

yes, panic, b/c it never does this, ever.
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John_Galt
05/17/17 6:31:08 PM
#26:


Gravityfare posted...
Two full years that's really interesting. What year did you buy in/what year did you sell? I'm really curious.

I literally just bought into it end of April. I've had it on a Watchlist for about 9 months though. It got hammered from a quarterly earnings report and so I swooped in.


Averaged around in it from feb 2014 to October 2014

Rode it all the way down in 2015

Got out in feb 2016 after it recovered
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GOOMFalse
05/17/17 6:34:41 PM
#27:


Man, if only you could keep stock instead of selling, you wouldn't lose that much!
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Gravityfare
05/17/17 6:53:37 PM
#28:


John_Galt posted...
Gravityfare posted...
Two full years that's really interesting. What year did you buy in/what year did you sell? I'm really curious.

I literally just bought into it end of April. I've had it on a Watchlist for about 9 months though. It got hammered from a quarterly earnings report and so I swooped in.


Averaged around in it from feb 2014 to October 2014

Rode it all the way down in 2015

Got out in feb 2016 after it recovered

Cars 3 comes out next month and Mattel has a huge amount of sales hinging on that Pixar merchandise selling well. Also I guess they got a new CEO February some nice lady from Google.

I would've done the same if I were you. I looked at the charts and the numbers when I put in and I figured "It literally can't get any worse and the Dividend is as good as some stock 5x as pricey..."

It's good you got out in 2016 when it was still atleast in the $30's. It's nearly in the Teens here recently.
---
No time to freeze undercovers ease up in Grand Prix,
and seize packages and pocket the currency.
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Gravityfare
05/17/17 6:55:52 PM
#29:


Hasbro has slaughtered them the past 3 to 5 years. That's the damn problem.
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No time to freeze undercovers ease up in Grand Prix,
and seize packages and pocket the currency.
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John_Galt
05/17/17 7:00:39 PM
#30:


Gravityfare posted...
John_Galt posted...
Gravityfare posted...
Two full years that's really interesting. What year did you buy in/what year did you sell? I'm really curious.

I literally just bought into it end of April. I've had it on a Watchlist for about 9 months though. It got hammered from a quarterly earnings report and so I swooped in.


Averaged around in it from feb 2014 to October 2014

Rode it all the way down in 2015

Got out in feb 2016 after it recovered

Cars 3 comes out next month and Mattel has a huge amount of sales hinging on that Pixar merchandise selling well. Also I guess they got a new CEO February some nice lady from Google.

I would've done the same if I were you. I looked at the charts and the numbers when I put in and I figured "It literally can't get any worse and the Dividend is as good as some stock 5x as pricey..."

It's good you got out in 2016 when it was still atleast in the $30's. It's nearly in the Teens here recently.

Good luck with the position, friend. Hope it works out for you. However, this is now multiple years of the company not turning it around. Core brands continue to decline/stagnate. The dividend could be at risk.
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Gravityfare
05/17/17 7:05:14 PM
#31:


Can I ask what type of stocks you've recently invested in the past 12 months?
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No time to freeze undercovers ease up in Grand Prix,
and seize packages and pocket the currency.
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John_Galt
05/17/17 7:14:55 PM
#32:


Gravityfare posted...
Can I ask what type of stocks you've recently invested in the past 12 months?


Sure, here's a few winners and losers for example:

Gis 56.77
Tgt 57.61
Teva 34.92
Pep 98.98
Pff 38.37
AAPL 93.66
Bkln 22.67
Dia 156.24
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Drpooplol
05/17/17 7:53:17 PM
#33:


Darkman124 posted...
babys first down day

i ate people like you last year

you eat babies?
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myztikrice
05/17/17 7:54:35 PM
#34:


no i think he eats down
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Darkman124
05/17/17 7:54:52 PM
#35:


Drpooplol posted...
Darkman124 posted...
babys first down day

i ate people like you last year

you eat babies?

yes
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PoopPotato
05/17/17 7:56:23 PM
#36:


Get some insurance companies. All state is good
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Gravityfare
05/17/17 8:21:04 PM
#37:


I hate All State
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No time to freeze undercovers ease up in Grand Prix,
and seize packages and pocket the currency.
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BreezyExcursion
05/17/17 8:27:15 PM
#38:


rofl i definitely didnt "see this coming" it but i just happened to offload my biggest position in intel yesterday
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Ken_Noisewater
05/17/17 8:28:09 PM
#39:


It's one day, relax.
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Clad
05/17/17 8:29:24 PM
#40:


my portfolio went up*shrug*
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TheGoldenState
05/18/17 11:08:25 AM
#41:


Yea I took a big hit, my international funds are maintaining tho
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TomNook20
05/18/17 11:10:13 AM
#42:


Oh noes! I've lost a helluva lot more than that in a day. If that worries you don't invest in stocks.
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Gravityfare
05/18/17 12:18:48 PM
#43:


TomNook20 posted...
Oh noes! I've lost a helluva lot more than that in a day. If that worries you don't invest in stocks.

=x
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chill02
05/18/17 2:06:59 PM
#44:


and it bounced back

:^)
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