Never would I have thought I’d make a profit
I bought $United Maritime(USEA.US)$ on a whim in July. The stock had just been released and was surging. I bought a few shares at the end of the trading day, and woke up to find that the value had plunged, and lost about 70%. Served me right, I thought, investing without doing any research, and planned on selling off in December to lower my taxable income.
USEA continued to fall a bit over summer, but eventually found a bottom and began to slowly drift up. It was cheap, so I bought a few shares and averaged down. And then as fall went on, it kept rising. Soon I was in the green, and it kept going. In December they announced a special dividend. Never would I ever have thought I’d have made any money off this one.
USEA continued to fall a bit over summer, but eventually found a bottom and began to slowly drift up. It was cheap, so I bought a few shares and averaged down. And then as fall went on, it kept rising. Soon I was in the green, and it kept going. In December they announced a special dividend. Never would I ever have thought I’d have made any money off this one.
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