OT - Stocks....

Question

I have been holding a Stock for about 4 years.... It started out great, with a nice pop and held all the way up, just to watch it fall down.

I can't afford to keep it any longer and have been hoping for a come back.
I know, hope is not a strategy, but I have been holding this losing stock and hoping for it to bounce...

I can't sleep thinking about the losses...

What would you do???

Originally posted on Fighting Gamecocks Forum by world famous 3rd base hecklers.

Answer 1

Read the 10Q filings and objectvely ask yourself if there is any reason at all to keep it. Most stocks should be held as a long term investment unless you know what the hell you are doing. JMO. Good luck.

Originally posted on Fighting Gamecocks Forum by BG4USC.

Answer 2

I suspect this is another fire Horn thread....

Originally posted on Fighting Gamecocks Forum by Out of Conference.

Answer 3

BINGO!!!!

Can you hear me Hyman!!!

If you have a bad stock in your portfolio, do you keep it with hope for change? Or do you keep it until the value is gone or do do you throw bad money back into the stock hoping to break even down the road?

If Horn was a stock in Hyman's portfolio, how quickly would he get rid of the stock knowing it's his own money and not the University's money.

It's easy to say hold on when it's not your hard earn money out of your own pocket!

Originally posted on Fighting Gamecocks Forum by world famous 3rd base hecklers.

Answer 4

I think most people on here, whether they want Horn gone or not, have an investment in USC.

Originally posted on Fighting Gamecocks Forum by johnnyplaid.

Answer 5

nm

Originally posted on Fighting Gamecocks Forum by gcock5.

Answer 6

You should use a financial advisor unless you really know the stock market. You should also have a good cross section of the stock market, not one or two stocks,

Originally posted on Fighting Gamecocks Forum by hplatts.

Answer 7

If it's a discount broker ($4-10) unload it . If your broker is charging $1.5M you might want to hold on a little longer.

Originally posted on Fighting Gamecocks Forum by garnet blood.

Answer 8

Let's take a closer look at the bad investment.

Having a bad basketball team to miss the NIT or NCAA will get you no exposure to National media during the month of March.

The top prospect in this state will leave to better schools

Carolina can be the butt of college basketball jokes...

When SOS brings in recruits, they have to come see a poorly coached team in front of 200 fans, and that will up end hurting football program in time.

Fans will be force to spend money on season basketball tickets because Hyman will have it tied in with Season football tickets priority.

And lastly, how can you look into the eyes of the current basketball players at USC or in coming recruit and say this is the best we can do for you because you

Answer 9

I doubt another school would pay 1.5M for Horn...
We can be like the Yankees and unload David Justice's 7 M contract to Oakland for 3,5 M...

They did fine and won a couple more World Series rings since then....

Originally posted on Fighting Gamecocks Forum by world famous 3rd base hecklers.

Answer 10

If this is your rationale for stock selection or sell, maybe you should stick to mutual funds.

Originally posted on Fighting Gamecocks Forum by Scuba_do.

Answer 11

mutual funds are for people who don't care or don't have the time to do research themselves...

Originally posted on Fighting Gamecocks Forum by world famous 3rd base hecklers.

Answer 12

or are too stupid to analyze the research properly

the reason why this is a dumb analogy is that it presupposes that you must immediately take the proceeds from the sale and buy another stock, which you would almost never do as an investor with any sense. Hyman does not have that option; if and when he "sells" he'd better already have the replacement vetted and in the bag

I think residential real estate would make a much better investment analogy

Originally posted on Fighting Gamecocks Forum by CaliCock.

Answer 13

OP, this is a bad analogy. Stock investing should be done with a long-term horizon, not hoping for a quick profit. I am not advocating keeping Horn but this is not a good analogy.

Originally posted on Fighting Gamecocks Forum by Dash_Ripcock.

Answer 14

How can you say this is a bad analogy. People who invest look at stocks for the long term and if their stock ends up going south, you need a plan to get rid of the stock and replace it with another stock to regain you losses down the road.

You buy stocks to make money, not lose it.

You want a quick profit, you hire the UK coach and the end you'll have to pay Cap-gains...

BTW... WHO is OP???

Originally posted on Fighting Gamecocks Forum by world famous 3rd base hecklers.

Answer 15

Seems like a pretty good analogy. Not having the success you expect/want, do you take the losses and reinvest elsewhere or leave it where it is, especting long term results.

Originally posted on Fighting Gamecocks Forum by johnnyplaid.

Answer 16

Have you tried taking a sleeping pill?

Originally posted on Fighting Gamecocks Forum by Insidious Shart.

Answer 17

Mortgage the house, cash in your 401K and invest in an item that is going to make a comeback soon--forget gold and silver-go for Pearls, as in Bruce. Big time comeback is going to happen-America loves a guy who does wrong and admits it and comes back to try again. Bruuuuuuuuce!!

Originally posted on Fighting Gamecocks Forum by lookhere.

Answer 18

Sell it and buy a Vanguard index fund

Originally posted on Fighting Gamecocks Forum by worldbfree92.

Answer 19

Exactly, what fan loses sleep over losses?!? Life's too short...

Originally posted on Fighting Gamecocks Forum by Out of Conference.

Answer 20

With all of this mathematical, computer trading these days, I'm looking elswhere for investment opportunities. If you do some research, and are willing to hold, you can get some good returns in real estate. Look at the way these traders have manipulated Bank of America. There is no factbasis for the way the stock is trading most of the time.

Originally posted on Fighting Gamecocks Forum by IH8FATBRAD.

Answer 21

I've been very happy over the years, buying and holding V, MA, AAPL, XOM and most of the oil companies.

It's hard to chasing high flying stocks with no earnings. Facebook will be hot at the start and people will chase it.

I'm eyeing oil, prices at the pump has stayed high too long, it's kind of like a frog in a warm boiling pot over a stove. We're all getting use to it and we're lonking at deflation right now.

Originally posted on Fighting Gamecocks Forum by world famous 3rd base hecklers.

Answer 22

You mean the guy who is in the 1st year of a 3yr show cause.

Originally posted on Fighting Gamecocks Forum by QC Cock.

Answer 23

Still applies to Horn. Substitute 10Q for win/loss, recruiting, defections, etc. But coaches certainly are not long term investments.

In other words I didn't get it. Ha ha!

Originally posted on Fighting Gamecocks Forum by BG4USC.

Answer 24

Actually, as circumstances change, so does (or so should) your investment strategy change. How much time do you have to make up losses if one or more of your investments tank? For me (at 54), I don't have the time I had at 25 - 30, so I am currently a conservative investor.
How much time does Hyman have to make up for his losses if he chooses to stay with Horn for another year? I'm not sure he has enough. Figure, if he stays with Horn another year and then fires him, the coach after him will have a couple of rebuilding / recruiting years before he can make a difference.

Originally posted on Fighting Gamecocks Forum by Scuba_do.