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"I Keep Investing in Stocks I Know I Shouldn't"

tradeking posted on 01/27/08 at 10:24 PM

Since the beginning of the year, the TradeKing community has seen a significant upsurge in activity around the new trading Groups. The two most popular Groups thus far have been Option Traders Unite and the Union of Fundamentalist Stock Pickers. My vote for the most clever Group name, though, goes to VINCE and his I Keep Investing in Stocks I Know I Shouldn't Group. Seemingly every investor has that one favorite stock he or she thinks is destined for success -- but that never quite makes it. On January 15, VINCE mentioned AKS (AK Steel Holding Corporation) as the one stock he keeps investing in despite a nagging feeling that perhaps he shouldn't:

"Since I started the group I figured it was only right for me to tell you guys about my moment of mental relapse. About a month ago, I figured the dip in the economy was over with, so I put some money into AKS... As of today, I believe that investment is down about 25% What was I thinking? God only knows... "

For the TradeKing community: What are some other examples of stocks that you keep investing in, despite all signs that perhaps you shouldn't?

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Posted by tradeking on 01/27/08 at 10:24 PM

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rdukeshire

Member since: Mar 09
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rdukeshire
Posted April 07, 2009 (02:04PM)
AIG and GM ......Both getting heavy bailout money, will the gov't let them collapse completely...I think NOT! Eventually they will have to make money and repay the bailout...that means the stock price will go up, I'm in on what I consider to be their lows.
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