Always exciting to start a new tranche. While I am in it for a year, it is human nature to watch it more closely the first couple of weeks. We'd like to see quickly that we are indeed a "stock market genius".
Well, the tranche I started this week is making me look like exactly the opposite of a stock market genius. WSTC crashed day 2 and has 0% chance of recovering. TGNA followed with sad earnings. Then TIME announced earnings yesterday and they were highly disappointing. They slashed dividend, missed revenues - just awful across the board.
Then I see that one of my "rejects", VEC popped 15% yesterday. Oh well. As Charlie Brown says, "you learn more from your losses than your victories". And the sun did come up today on a beautiful spring morning.
5/6/2017 | Start | Current | Dividend | Pct Gain | R3K Gain |
WSTC | $24.15 | $23.11 | $0.00 | -4.3% | 0.0% |
TGNA | $25.75 | $23.31 | $0.00 | -9.5% | 0.0% |
TIME | $15.05 | $12.95 | $0.00 | -14.0% | 0.0% |
MSGN | $23.55 | $23.30 | $0.00 | -1.1% | 0.0% |
QCOM | $54.93 | $55.33 | $0.00 | 0.7% | 0.0% |
Totals | -5.6% | 0.0% |
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