WBD...

[Overnight]

What do you guys think about this idea? Hold the piece of shit that no longer pay dividends, or hold onto it because for some asstastic reason, it is being added to the NDX?

Who over at the damned NAZ committee thinks that adding WBD is a good idea?

@vanzandt In your experience, if you have ever had any in this position of being down like 60%, does being added to the NDX affect the stock price much? Because my WBD position is down 60% from where I bought it just before the pandemic.

By the way, it is a very small position. I will lose like 100 bux if I sell now. Should I wait to see if it will recover a bit, or just dump the POS?

 

[M.W.]

There are rules which companies are added. They have to first be eligible and then get added if they are within the top 100 by market cap. Nobody sits there and throws darts at some company list.

https://www.nasdaq.com/articles/what-happens-to-stocks-added-to-the-nasdaq-100-2021-03-18

What do you guys think about this idea? Hold the piece of shit that no longer pay dividends, or hold onto it because for some asstastic reason, it is being added to the NDX?

Who over at the damned NAZ committee thinks that adding WBD is a good idea?


View attachment 301727

@vanzandt In your experience, if you have ever had any in this position of being down like 60%, does being added to the NDX affect the stock price much? Because my WBD position is down 60% from where I bought it just before the pandemic.

By the way, it is a very small position. I will lose like 100 bux if I sell now. Should I wait to see if it will recover a bit, or just dump the POS?

 

[VicBee]

I'd hold on to it because why not. You're down 60% maybe it will bounce long enough for you to sell on ndx.

 

[murray t turtle]

%%
60% dd, might as well wait to MON.
Vanguard + State Street has a major position on that.
I got a letter from Fidelity Brokerage one time back in the single stock days, offering to sell a smaller bank stock for free. I thought, sell for free, when all have to pay comissions,then, my$7+/ bank stock must be worth a lot later on. Actually it went to zero
SCHW Mourning Star has WBD rated 5 stars , with 5 being best;
but its below 200dma most of year.
[IF I had it, unless i had a nice profit in it\ i scaled out FXN , loss taken/even with FXN above 200dma, high teens above 200dma.
Good thing, no matter the size, sell 10%, market sell 10%.....that way you never ''sell @ THE bottom + then it turns around '']Some sectors are doing profits.