"I hope people don't see this as bashing - but thought I'd share anyway.
Last year I think I ran to a low of -50% on my non-RRSP portfolio. I loaded up on NOT way near the bottom. And right now I'm breaking even. Which is pretty freaking good... not pay-off-my-house-and-retire good, but I'm pretty happy regardless.
Up until recently, today in fact, I had a scary amount of money in NOT, but I'm adjusting my expectations and unloading all but a reasonable position this morning. Probably shoulda done that at $2.50 but I'm still thankful I'm not at -50%.
Anyway, still holding some, but getting my expectations in check. Thanks to all the great posters who kept me in the faith for so long."
Ticktock, thank you for sharing. There's just a few things that puzzle me a bit.
You write last year you ran to a low of -50%. The stock price hit a low of around 48 cents range. So, if you ran to a low of -50% you were in based on $1.00-1.25 per share.
Now, you loaded up way near the bottom, so, I guess around 50 cents? Since you say you have a scary amount of shares as a guess you should have an average of let's say less than 75 cents? Yet you are break even right now. Sorry, but I don't understand your numbers.
If you are break even now then you would have been down at least 73% at the worst past of last year based on your comments