Most of my regrets as an investor are related to all the crappy stocks I've bought over the years. I've been lucky with most of them, selling them before losing too much money. But, there were some exceptions where I lost A LOT of money. Like enough money to buy an expensive car or to put braces in the mouth of my two kids.
Among the few regrets related to stocks I've sold too early, there's a few names. First, there's Boyd Group which I bought when the stock was around 10$ and I sold when the stock got to 11 or 12$. Yes, I did that.
The stock is now at 215$ and I came back when it was around 100$.
Then, there's XPEL. I bought 3000 shares in april 2014 at 1,75$ and sold them about one month later for 1,55$ each.
The stock is now at 42US$. I realize that if I had kept these shares that cost me only 5900 CAN$ 6 years and a half ago, the total worth of that investment would now be about 170 000 CAN$. Isn't it funny?
Of course, it's very easy to say that with hindsight. At the time, XPEL was on the edge of being a penny stock and I owned many other penny stocks (I invested in many cheap stocks and I think that I sold XPEL as a statement against all those crappy penny stocks that are almost always a loss of time and money). In fact, when I look at all the other penny stocks I owned (or stocks just slightly over 1$), I'm happy to have sold them all.
But, once in a while, you get the penny stock that has a future and XPEL was one of them.
I'm currently thinking about being back in the stock. Just like Boyd Group, I've lost the chances of getting a spectacular twenty-bagger but, I still could double, triple or quadruple my money. That stock has everything I'm looking for, plus it's not a penny stock anymore.
You may have fucked, but you may always get back on track.