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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Kirk © who wrote (37491)7/31/2008 8:08:46 PM
From: Boca_PETE  Read Replies (1) of 42834
 
Hi Kirk,

Did you buy any TEFQX near the top of the bubble as per the recommendation? If so, what was YOUR percentage loss?

Although I lost 63% after ultimately selling at $1.63/share, I had only invested $8,200 at an average cost of $4.40. I agree that this was a dog of a recommendation!

I remember he was really caught up at the time with the tech sector quoting Barron's articles by Eric Savitz on his radio show. He was talking chip buses and all kinds of stuff he deluded himself into thinking he had a lot more knowledge about than it turned out he did in reality. Too bad. The bubble sure disoriented him.

P :-(
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