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Advise jack on what he should do-dump his shares

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Reference no: EM132154180

Two years ago, Jack Quack bought 1000 shares of ZMQ stock at $1,000 per share. This morning when he checked he found that ZMQ stock was selling for $62.00 per share. Advise Jack on what he should do-dump his shares, hold, buy more, what? (Notes: There have been no stock splits over the past two years. Also ignore tax considerations. And, if it matters, Jack is 15 years from retirement.)

Reference no: EM132154180

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