Thursday, 7 January 2016

That Stings - Sold ESV

On January 6, 2016, I sold my 415 shares of offshore driller Ensco. I was ready to hold on to ESV until oil went back up, but when bribery made its way into the picture, that was it for me.

If you have not heard about the allegations of corruption, click here.

My average buy price was $49.69.

My sale price was $13.57.

So I lost $14,988.18.

This experience really hurts and I hope I have learned enough not to repeat.

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