So I was unfortunate enough to buy Melrose Stock right before it plummeted. The reason is probably very simple - Q4 2024 results were much worse than expected. Is there any other Melrose shareholder that is positive this trend will reverse in future , or are we going to keep sliding ?
4 Comments
slazer2au@lemmy.world · 2 pts · 1y
All I am hearing is you now have some capitol loss to offset any capital gains you have made.
Bondar@lemmy.world · 2 pts · 1y
Damn.. I had like -15% loss on the melrose stock and decided to cut my loses. And seeing that it keeps declining is making me feel like I made right choice.
slazer2au@lemmy.world · 1 pts · 1y
At least you didn't swing the other direction and try to short it.
Bondar@lemmy.world · 1 pts · 1y
Yeah , thankfuly I don't do options so I have a freedom to hold stocks for as long as needed if I choose to do so.