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by 0x445442 3104 days ago
Or... AMZN, I've Been Here Before. 5.97 in August 2001
3 comments

> Or... AMZN, I've Been Here Before

Me too. Ahh the good old days. We'd be coding and day trading back and forth all day. Take turns watching for the Boss to come towards our area, so we could all hide the trading window and get back to coding.

My co-worker dev lost 3K on PETS.COM's stock in 1 day.

I'd gotten in on 100 shares of AMZN Apr 2000 at $57-ish, ate a loss of about 30$ / share in Oct 2000, sold at $28-ish. All I have left now is war stories ...ending very badly lol. The rush of trading on volatility makes it 'not a complete loss' tho.

yea and AMZN was 110 in December 1999, an equivalent drop for BTC would be to roughly $1000. I've been a crypto bull for a long time, but I sold everything 2 weeks ago. I sold a little early, but better to add that addition to my house than lose 95%
I told a few wealthy people I know to put 10% of their investments on Apple in 2003.

When I talk to them now, I said why'd you ask for a stock tip if you weren't willing to follow through?

Sadly, I put my money into my own startup. Got about 15-20x return on my investment. You live and learn :-)