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rahul
.7.30
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teep
Posted :
Nov 03 2:19 PM
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how is your portfolio doing ?
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teep
1.222
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Re:
Posted :
Nov 03 2:20 PM
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I am waiting for trouble in Oil countries
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teep
1.222
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Re:
Posted :
Nov 03 2:23 PM
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i should have just held on to FAZ when recession started . sold it at 8 now 80
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rahul
.7.30
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Re:
Posted :
Nov 03 2:25 PM
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you mean FAS @70 ? did'nt it reverse split ?
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teep
1.222
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Re:
Posted :
Nov 03 2:27 PM
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both were 8 in may
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rahul
.7.30
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Re:
Posted :
Nov 03 2:28 PM
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the U turn was incredibly fast ...no one expected it
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teep
1.222
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Re:
Posted :
Nov 03 2:29 PM
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u have ford?
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Pavanputra
34.98
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Re:
Posted :
Nov 03 2:36 PM
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Teep, FAS did not go from 8 to 80. There was reverse split for both FAS and FAZ. FAS actually moved from $53 to $68 as current, but went as high as $90. When the split happened, FAS was 7.2, So at 8, your approxinmate price would have been 62.
So if you had hold on to FAS at 8, at today's price you would have made only about 10% profit.
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teep
1.222
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Re:
Posted :
Nov 03 2:38 PM
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thanks pavanputra
i didnt follow it after selling
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Pavanputra
34.98
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Re:
Posted :
Nov 03 2:47 PM
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News is that there is a chance of both of them doing another split before end of year. Thats why its risky buying FAS for anything more than $55 and FAZ anything more than $18
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