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Posted by ps56k on December 30, 2009, 2:16 pm


After buying Garmin (GRMN) stock back in 2006,
and holding during the rise to $140 over the previous xmas holiday,
then watching it plummet to the teens, and crawl back to $30 -
http://finance.yahoo.com/q/bc?s=GRMN&t=5y

Just not sure where it might be heading with the onslaught of the
smartphones.
Yeah - I have several Garmins, and can't see using a phone for nav,
except for special situations.

Anyway - it ain't coming back to what it was.... so today, end of year
loss - SOLD -

--
----------------------------------
"If everything seems to be going well,
you have obviously overlooked something." - Steven Wright



Posted by frijoli on December 30, 2009, 8:12 pm


ps56k wrote:
> After buying Garmin (GRMN) stock back in 2006,
> and holding during the rise to $140 over the previous xmas holiday,
> then watching it plummet to the teens, and crawl back to $30 -
> http://finance.yahoo.com/q/bc?s=GRMN&t=5y
>
> Just not sure where it might be heading with the onslaught of the
> smartphones.
> Yeah - I have several Garmins, and can't see using a phone for nav,
> except for special situations.
>
> Anyway - it ain't coming back to what it was.... so today, end of year
> loss - SOLD -
>
Why in heavens name would you hold it at 140????

Posted by ps56k on December 30, 2009, 8:25 pm



> ps56k wrote:
>> After buying Garmin (GRMN) stock back in 2006,
>> and holding during the rise to $140 over the previous xmas holiday,
>> then watching it plummet to the teens, and crawl back to $30 -
>> http://finance.yahoo.com/q/bc?s=GRMN&t=5y
>> Just not sure where it might be heading with the onslaught of the
>> smartphones.
>> Yeah - I have several Garmins, and can't see using a phone for nav,
>> except for special situations.
>> Anyway - it ain't coming back to what it was.... so today, end of year
>> loss - SOLD -
> Why in heavens name would you hold it at 140????

yeah - just a couple of times I lost sight,
and didn't have a sell limit order on file.