Before my wife and I were married, she invested in a few companies. The investments have been both good and bad. One of the investments was a small little biofuel company called Green Star Products Inc. (GSPI.PK). Well, over the last several weeks the company jumped in value almost doubling its NAV due to a few contracts with the states of California and New York. We were pretty excited about its impressive rise to prominence and were contemplating purchasing a lot more shares.
Well, today their biofuel processing plant burned to the ground. So much for that whole idea. A lone tear now falls to the keyboard as I write.
Oh man, just your luck! My dad would say, "That's just the way the cookie crumbles." Maybe they had insurance...
ReplyDeleteI hate when that happens!
ReplyDeleteyikes! I'm trying to decide on what to do because my 401k is being closed and I have to reinvest it. Stocks are so iffy!
ReplyDelete