|Joined: ||Mon Feb 18th, 2008|
|Location: || |
|I got very lucky 2 weeks ago. My wife's ex works for Yellow Roadway,(YRCW) an OTR trucking company. Their stock has plummeted over the years. Well their stock dipped under $2 for a the first time, so I got in at $1.87. The next day it went to $2.12, and I sold at $2.09 picking up a quick 10%. Then the market tanked, and today it hit an all time low of $1.46. My wife's ex has seen his 401k with this company reduced to rubble. About 15 years ago he had somewhere between 250k to 500k in company stock...now that shit is literally worth $10 with reverse splits.