A Small Miss on Frontier Communications

Discussion in 'Stock Market Forum' started by troutski, Oct 5, 2014.

  1. troutski

    troutski Guest

    Jul 2014
    Likes Received:
    Now Fronter Communications possibly borders on the penny stock realm, but it was trading at $5.50 roughly during the month of June and has had one quarterly dividend payment of 0.10/share since then. It's not a wildly successful company and has seen far better days value-wise. Back in June, I was planning on dumping enough money to grab 20 shares. Nothing big, but I'm the epitome of a small investor.

    FTR was trading around $6.50 recently, so I wish I had just put down that relatively small sum for the investment. I wouldn't have faced any commissions on the investment. $20 in gains plus $2.00 in dividends for a relatively small gain dollar wise, but it's 20% in a short period of time. Those kinds of small but worthwhile investments work for me.

    Moral of the story: I need to stop spending potential investment money on tasty lunches every day. The struggles of a really small investor. ;]

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