Compaq,
It appears you are quite distraught over your cobra investment venture. You have lost almost $20K, that's not fun and I'm not going to kick you while you are down. Two questions for you: 1. Have you looked at what your yield would have been had you done some "real" investing?and 2. Who told you a cobra replica was an investment?
Let's take a big company like Microsoft (
http://www.google.com/finance?q=NASDAQ%3AMSFT) as an example: Your $50k would have bought you 1640 shares a year ago. Those same 1640 shares are now worth $33.6K. Nearly the same return you got in your cobra investment.
I wonder how the MS Investment forum members would respond to your complaining? Do you think they would compliment you on your investment savvy or give you a swift kick in the rear for your moaning and groaning?
Most that bought MSFT high are waiting for the market to rebound. Most cobra owners that want to sell are also holding, waiting for the economy to turn around.
Can you hop in a stock certificate and get the rush you could in a cobra? You see Compaq, a cobra is not an investment, it's a "balls to the wall" hobby that pays back with fun, friends and copious injections of adrenaline.
So why such sour grapes. You act like you are the only one who has lost money during this recession. Get over it, bro.
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