Markets Open in Two Hours and It is Going to be Interesting

I made another impulse buy yesterday with a stock that went from $47 to $5 in a matter of a couple hours. I don’t know why it dived so much but I decided to buy a couple thousand shares and got them for $8 each. If I had waited about twenty more minutes when it bottomed out I would have got them for $5, but I was hasty and thought that I had grabbed them at the bottom. Maybe today it will dive down to $3 and stay there, who knows? I worked many hours at the HVAC business to earn that money so I hope I don’t lose it all with this impulse buy. Worst case scenario I will have to hold the stock for a while till it hopefully bounces back again. Anyways, I still have to keep working selling heat pumps and compressors even if all of my money comes back again because I don’t want to touch it for a few years. I was going to invest in an air conditioning and heating company, and probably should have, because its price went up a lot this past few weeks. I can imagine how upset the people who bought that stock yesterday at $46 thinking it was going to keep going up but then ended up crashing and losing almost 90% of its value in a couple of hours. Imagine working at a local business for a few years and saving $100K only to have it turn into $10K the next morning. This kind of stuff happens more than you think.

 

cooling products