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In the fall of 2009 I wrote a post about my dabbling in stock, specifically Sirius Radio: SIRI. At the time, I was lamenting that I had purchased my trial stock for $0.399/share. I had 1050 shares. I also had an emotional attachment to those shares that no “investor” should ever have. I unloaded them at $0.4662/share… essentially breaking even when you consider the $30 fee to buy or sell stock. At the time I said “Good riddance!” to them, along with the emotional attachment they represented.
Fast forward a little over 1 year later… What would have happened had I kept those 1050 shares of Sirius Radio? Well, they did hit the $1 point, not too much longer after I dumped them. And they continued to go higher. I kept them on my watch list, even though I’ve since gotten out of the stock investment game. Today I thought that it would be interesting to see what my 1050 shares would have been worth.
SIRI closed at $1.77/share… that’s a far cry from the $0.399 that I bought it at… and an even FARTHER cry from the $0.05/share that they were at when I first took notice of them. But I can’t be too greedy, can I?
Today those 1050 shares would be worth $1858.50. That’s triple my $600 investment.
Hmm… remember when I said ages ago that I dumped my Sirius stock (SIRI) and was happy just to break even with it? Well, I glanced at my faux-portfolio and noticed that it’s now trading above $1. Yup, I could have easily doubled my investment had I just stuck it out and not wanted to get rid of it so badly. It’s really a shame too… I was pretty excited when I purchase those shares, and really thought that it was going to amount to something.
Oh well, Life happens. It’s only money, right?