In the following video, Fool contributor Matt Thalman discusses a few actions investors can take when their ithesis for owning a stock has fallen apart. He uses Zynga's (ZNGA +0.00%) recent announcement to no longer pursue online gambling as an example. If you'd purchased Zynga hoping that the company would hit it big with online gambling, what should you do? Check out the video to see what your options may be.
My Investing Thesis Blew Up! Now What?
By Matt Thalman – Aug 4, 2013 at 3:00PM
NASDAQ: ZNGA
Zynga
A few tips and what your options may be if your investing thesis falls apart.
About the Author
Matt first became interested in the stock market while attending West Virginia University. A finance professor told a story about how a few thousand dollars invested in Mylan Pharmaceutical's stock in the 1970's had turned a number of employees, some even working as janitors at the company, into millionaires after holding onto their shares for more than 30 years. The seed of investing in quality stocks and holding those positions for a very long time was planted. After completing his MBA and working in the hospitality industry in Las Vegas for a number of years, Matt joined the Fool as a contributor in 2011. Follow his stock picks on CAPS at TMFMT.
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