Destination Maternity Corp. (DEST, US25065D1000) is for a gambler-investor

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This topic contains 1 reply, has 1 voice, and was last updated by  Vasily Nekrasov 1 month, 4 weeks ago.

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  • #2612

    Vasily Nekrasov
    Participant

    Before yesterday, as the stock dropped -33%, this company was unknown to me. Now I am an investor, however, a gambler-investor, as Paul Samuelson wrote in some of his papers.

    During recent years the company was making losses.
    However, Destination Maternity Corp. is not an start-up, it is a company with a long history, in which it already experienced such drops and recovers after them.
    This may or may not happen this time. But there is much more room to grow than to fall. So I just put a hundred bucks in this stock, As gambler-investor 🙂

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    Vasily Nekrasov
    Participant

    Today the stock fell by -42%, as Destination Maternity and Orchestra-Prémaman scraped merger.

    I take and calmly and put next $100 at stake.
    NB! $100, not $200 (because doubling would mean a martingale, which will not make you rich)!

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