So this guy Chris Demuth over at seeking alpha, was pimping the RAD 'arb' for a year, up until the day it blew up. He has many followers. Lots of folks lost good money on this. Don't think he ever issued a sell. Charges $2500 a year . I'm sure he has winners, but this was an amateur show.
Can you tell us more about how this man charging $2500/year for his advice, can blew up an account. What happened? what was the size of his account? what did he do to blow up?
Why would anyone trade another person's opinion, I am guessing his followers were the unsophisticated bunch...
The RAD arb was looking real good till about the last week of JAN. Hindsight's 20/20. What's your beef with him? Everyone has winners and losers.
First of all , he didn't BLOW UP. But he was pimping this until the bitter end for the last 40 cents. Called it his best arb of 2017.
I have liked his articles. I have found them informative. I don't think it was dumb to be long the spread at 8.60. All signs were pointing to a close, possibly before Trump took office. It didn't work out that way. That happens sometimes.