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Old 11-03-2008, 07:45 AM
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KGeary KGeary is offline
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Quote:
Originally Posted by Zillionaire View Post
I've been contributing to my company's Roth IRA (401K) since day one. Half of my contribution to company's stock and the other half go into blended fund investments. But recently their stock keep going down and I'm losing money every day. Please input some advice.

Thanks so much
Never put money in your company's stock. You need to get this money into mutual funds immediately.
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Old 11-03-2008, 08:16 AM
tripods68 tripods68 is offline
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The 20 days moving average in relation to MACD suggest the stock is going up. But using a long time horizon 200 day moving average suggest the company is has reached the bottom and now ready to go back up. That's good. Also, many speculators have chim in on the upside which help explain high volatility. This also suggest that this stock is prime candidate for a hostile take over bid--being the world largest business jet maker through its cessna unit. How far the stock will go, they already forecast earning in 2009 will be below expectation. At $17 per share, i like this stock.

Last edited by tripods68 : 11-03-2008 at 08:20 AM.
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Old 11-04-2008, 09:38 PM
Zillionaire Zillionaire is offline
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It's a bad news that our CEO sent out a message that they'll reduction employees. So what should I do with my 401K before they lay off me. I'm not sure if my name is on their layoff list :-)
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