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October 30, 2003

In the PLMO of my Hand

One of my more risky and less brilliant stock buys last year was Handspring. I bought it at what I thought was a reasonably priced $6.50 per share. The last I looked it traded at little over $1. Well, I checked my portfolio yesterday to find that my 50 shares of Handspring had morphed into 4 shares of PLMO. Hmm. I think I traded up. Handspring was certainly going nowhere but down.

Fortunately my other stock picks have faired better than this ill-fated choice.

Posted by mermu at October 30, 2003 04:38 PM

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