Lost out on Facebook stock

fbspDamn!  I did it again.

I bought 50 shares of Facebook stock just after the IPO at $36.00 per share.  The purchase cost me $1833.

After a long wait through a drop in the price it finally came back to $36.00 where I assumed it was going nowhere and was glad to get rid of it.

Today it is worth $78.37.  If I still had it I would now have $3918.  Bummer!

I am not very good at playing the market.  I did the same thing with Apple back in 2000.   I bought 66 shares of AAPL at $23.00 per share.  If I had not sold them for even less, today I would have $6732.

c’est la vie!

 

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