Quick Stock Update

I recently sold Blockbuster (BLOKA.PK), Fannie Mae (FNMA.OB), and Motors Liquidation (MTLQQ.PK), all for having .XX in their ticker symbol (someday, I will learn to sell immediately/avoid stocks when they transition to Over-the-counter Bulletin board or PinK sheets). I also sold Ambac (ABK) for wondering out loud whether its stock was worthless.

All four stocks were sold at a significant percentage loss, but relatively insignificant monetary loss (but not so insignificant that I wouldn't bother to lock in those losses ASAP). Such is just part of the fun of owning a bucket of stocks that could only be called "The Distressed".

I will use the proceeds from these sales towards a newer, healthier, better stock in September.