Thursday, July 10, 2008

Sold PRXI

As part of my efforts to lose as much money in the market as quickly as possible I posted another stunning success with my recent purchase of PRXI - Premier exhibitions. In less than 2 months I successfully lost just over 24% in this holding. To lock in my losses I made my sell today.

Who said markets were efficient? This academic exercise being tested in my portfolio is living proof of market inefficiency. Everything I buy is able to go down in value.

Happy investing to all. Next time I want to buy a stock I'm going to punch myself in the gut to remind myself of what I'm getting myself into. :-)

1 comment:

Danny said...

Or you can call me. I'll be glad to come over and punch you in the gut for you. I won't even charge you that much.