My husband told me to buy 200 shares of Ciena Corp a few years ago. We did at around $9 per share. So that cost about $2 grand. Then the stock went down to a dollar for years! Since then, my husband died unexpectedly at age 36 - and I could use the money back. They did a reverse split - is this even fair? And suddenly we only own 27 shares! It is worth $30 each right now (so I'd be doing well if I had my original 200 shares) - which is only $810 - about half of what I started with. Should I cash out now, or hold on to some miracle hope that it will continue to climb to 60 or 70 bucks per share so I could come closer to getting my money back? This seems so wrong!
2007-01-08
04:26:07
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11 answers
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asked by
joeys
2
in
Investing