So I woke up this morning and I did my usual. I brushed my teeth, took a shower, and of course looked at the top losers of the day. “Scottish Re is down over 70%,” I said to myself in disbelief. I thought this may have been a mistake. I logged onto my brokerage account and it wasn’t. So I bought some shares and within two minutes I made a 10% profit. I decided to sell on the notion that I just made 10% of my investment in several minutes. I was planning to hold onto this a while but I figured that that would be the highest rate of return I’ll ever have. Also, it makes a good story for this blog.
Scottish Re and the Tale of the Unintentional Daytrade
July 31, 2006 by Eric Schleien
Posted in Blogs, Economy & Business, Everything, Humor, Investing, My Portfolio | No Comments Yet
Leave a Reply
-
Blog Stats
- 151,830 Hits
-
Top 5 Posts
a
Archives
-
Website Comments
- j on Way’s To Lose Money: IBD’s 20 Rules For Investment Success
- Jim Rogers on Chairman Bernanke and why the Fed Should Not Cut Interest Rates « FINANCIAL POLITICO on Warren Buffett and the Falling Dollar – Fortune Magazine
- Charlie on America’s 90% Tax Rate
- John on Big Oil Takes More Ignorant Abuse
- smrtas1 on Big Oil Takes More Ignorant Abuse
- Jack on Mohnish Pabrai DCF Calc
- Edward on Mohnish Pabrai DCF Calc
- Joe on The Value Investors Club
- Evan on Jim Cramer on Bear Stearns
- john on Jim Cramer on Bear Stearns
- Michael Santelli on The Pebble Mine-More than Just Pebbles?
- Gerbeel Haamster on Dominion Homes Takes Buyout Over Bankruptcy
- Roxanne Buchenberger on The Pebble Mine-More than Just Pebbles?
- john on America’s 90% Tax Rate
- Eric Schleien on America’s 90% Tax Rate
V A L U E S E E K E R . N E T
The Best Article Every day
Unknown Feed- An error has occurred; the feed is probably down. Try again later.
Invest Bottom UpValueSeeker.net
-
Authors

