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Drop in growth stock from their recent highs
05 Mar 2021 (492 views)

I have $697,000 USD invested in the growth stocks shown below. They now show a loss of $178,000 (20%) compared to my cost. Most of these stocks were bought during the past few weeks at a discount of 25% or more from their recent peak prices.

I show the stocks listed by the drop from their peak prices. A large number now show a drop of over 50% from their peak prices. 

As I have made a gain of over $400,000 from these stocks that I sold at higher prices in the past, I will keep most of my current holdings, that now show a loss, and wait for the prices to recover. 

Tan Kin Lian

 

Note - I am sharing my experience. Do not treat this as investment advice. I am not recommending any investment in any of these stocks.

 



Drop in growth stock from their recent highs
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I have $697,000 USD invested in the growth stocks shown below. They now show a loss of $178,000 (20%) compared to my cost. Most of these stocks were bought during the past few weeks at a discount of 25% or more from their recent peak prices.

I show the stocks listed by the drop from their peak prices. A large number now show a drop of over 50% from their peak prices. 

As I have made a gain of over $400,000 from these stocks that I sold at higher prices in the past, I will keep most of my current holdings, that now show a loss, and wait for the prices to recover. 

Tan Kin Lian

 

Note - I am sharing my experience. Do not treat this as investment advice. I am not recommending any investment in any of these stocks.