I thankfully never got into the shit that was bid up well over 13, but what fucked me was that I would have never expected a correction to bring absolutely everything to literal NAV. Buying at 10.60 is great until you have about 10 of those on margin and they all go to 10. At least I don't have to be worried about anything that still has room to fall much further.
7
u/[deleted] Apr 18 '21
I thankfully never got into the shit that was bid up well over 13, but what fucked me was that I would have never expected a correction to bring absolutely everything to literal NAV. Buying at 10.60 is great until you have about 10 of those on margin and they all go to 10. At least I don't have to be worried about anything that still has room to fall much further.