- Sep 8, 2014
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I bought CENX (Century Aluminum) a few years ago after it started tanking. My research indicated it was a solid company (not great, but solid enough) and it had dropped enough that I felt I could make a profit on a small comeback....well, it still hasn't come back (after the China tariffs issue was resolved). I got it at an average of $11.50/share (it's just over $6.00 now). I'm down around $5K. I figured 'wtf, I'm holding this'. It's mostly in my Roth IRA account, but I have a little in my brokerage. I have no issues w/ holding it, just wish it paid a dividend (in hindsight, I should have bought Alcoa).
Anyhow, thoughts on tanking stocks....when to sell....if holding is a good idea. Also, thoughts on this position?
(just starting this thread to give us something to talk about, this forum is a little slow)
Anyhow, thoughts on tanking stocks....when to sell....if holding is a good idea. Also, thoughts on this position?
(just starting this thread to give us something to talk about, this forum is a little slow)