Trading vs. Gambling

Discussion in 'Trading' started by HorsesToTrading, Dec 10, 2005.

  1. Maybe I'm confused, but isn't that stock up over 100% from when he bought it, and wasn't it up as much as 200% at its peak? How is that a bad investment?
     
    #11     May 24, 2007
  2. Persdawg

    Persdawg



    hahaha. ya right. have you checked his losing record in fball lately?

    majority of touts are good for nothing but fading.
     
    #12     May 24, 2007
  3. I believe he bought 600k shares on March 16 2004. MAMA traded between $9.50 and $10.48 that day.

    Today its at $4.20. Assuming he held through the $0.86 52 week low (yep .86!!), he's been holding one huge bag for the last 3 years.
     
    #13     May 24, 2007