in a discussion of the random whore stock adls.ob there was an intelligent set of question. they appeared in the middle of a stream of blather suggesting that that puppy could go from below 1/16 to 2 insidee of a year…fundamentally “because yhoo says so.”
farrrr too often people in this biz, having reallly not much going for themselves, pretend that respectability, image, that forthright look in the portrait will get something. and they are right. what they get is other people’s money. i much prefer to deliver something–some accuracy of insite–and get paid for it.
but towards such discussions, and the overwhelming failure of people who talk about making $$ on the mkt to deal with what the sec is demanding, i offer this dialog’s results.
i’m still expecting a double dip in the gross econ, and perhaps this will serve to arm people who would otherwise fall for the adman style pitches of the respectable.
side note: there is >>>nothing<<< more inherently respectable about being behind a desk in a suit than there is to being in a boat catching asian carp. amyone who says there is is probly planning some way of getting their hands on your money.
:”Why do you recommend a stock that is nothing more than a dice roll to your clients?”
because all of them expect insite into such as part of the deal. inwhat i deem >>full and absolute<< compliance with all current sec law (and i was there like 5 years ago, and have elsewhere woofed towards getting the law towards its current form) my clients handle their own $$, and i do not suck “mgt fees” etc out of their pockets.
:”I’m not trying to be critical, I’m just trying to understand the population of investor/trader that you cater to,”
that’s understood, in any context of courtesy and open dialog. i will be the ore than very first to note i am on the s4 side of the function curves…:-) …as easily noted by the signature grafix at my site….
my typical client is looking for lots of capital preservation, with outlying bands of risk tolerance. a story i can tell is one who (totalllllly without talking to me, since shorting is against my code of honour)..after a meeting about the mc252 gulf disaster shorted bp 48ish, covered and went wayy long at 32…where i had said there would be good entry….woofed at me because bp went to 29ish before coming back, and took part of his shortside profits into isco.ob based on my view on that lagging puppy. another is in adls.ob with “$$$ he didn’t lose” when i talked him into not playing gold in the spring. we are discussing entry into gold/silver nowish…
summing it all up towards an emerging common ground: baseball –an idiotic thing about large sweaty guys getting bet on for no reason is nearing its cyclic peak. my “typical client” would rather throw away $2-5k on a date with a whore stock than on the worlds series—-and wants to be able to do so because he has inherent capital preservation and growth on the serious side of the port.
@ $0.055 back a few weeks ago, adls.ob made that cut. and thus, neither a recommend to buy or sell…but .fd: clients in adls.ob…and towards yhoo boards,,,clients in isco.ob..and clients who became clients because i kept them out of btim.amex (the dawg i mentioned yesterday that went from past stick a fork in it to closing today 5 1/8ish….based on nothing at allllll other than koolade drinking cult members who keep tossing in coins and pulling the lever.
Posted under business
This post was written by admin on October 10, 2010
