My declining fortunes
Feb. 6th, 2003 03:42 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
susandennisAbout 3 years ago Krispy Kreme donuts went public. I've loved those suckers all my life so I wanted a piece of the action. My financial advisor - the wonderful old Republican that he is - said NO WAY! First of all, you never ever buy stock until it's been on the market 90 days unless you get in on the IPO. And second of all, you want to buy stock in donuts?????
So I said, ok.
Then I went to Ameritrade and opened up an account. I sent them $2,000. I bought 15 shares of Krispy Kreme (you can just call me the last of the big spenders), and 15 shares of this and 15 shares of that and so forth until I had spent my $2,000. Over the next year, I did not touch the KK. It split and split again. I fiddled with the other - sold some, bought others - until my entire holdings look like this:
9 shares of Federated Stores
34 shares of TIVO
16 shares of Webvan (now defunct)
60 shares of Krispy Kreme
And, at one point it hit over $3,000. Then it hovered arout $2,500 for a while going up a hundred and down a hundred. Today, it sunk to it's lowest yet, $2,154. Sigh. At least I'm not down below $2,000... yet.
So I said, ok.
Then I went to Ameritrade and opened up an account. I sent them $2,000. I bought 15 shares of Krispy Kreme (you can just call me the last of the big spenders), and 15 shares of this and 15 shares of that and so forth until I had spent my $2,000. Over the next year, I did not touch the KK. It split and split again. I fiddled with the other - sold some, bought others - until my entire holdings look like this:
9 shares of Federated Stores
34 shares of TIVO
16 shares of Webvan (now defunct)
60 shares of Krispy Kreme
And, at one point it hit over $3,000. Then it hovered arout $2,500 for a while going up a hundred and down a hundred. Today, it sunk to it's lowest yet, $2,154. Sigh. At least I'm not down below $2,000... yet.
