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Strategies & Market Trends : Value Investing

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From: Paul Senior	3/28/2010 2:33:29 PM
	Read Replies (3) of 78710

Somehow I seem recently to be associated with kid market players, and for some reason, they're buying and/or trading C. Sister-in-law, recently opened her first brokerage account, and is buying C among other things. 17-year old nephew buying/trading C now. This kid "invested" all his little dough in Ford at $2+, and has held on (F now at 13+). That has turned into a nice stash for him. Shoot. Beats anything I've done lately. I have to laugh - or cry -. No one in my family asks me my opinion on stocks - everybody's following the kid. lol. Also see C traded heavily on a brokerage account blog/forum by people with small accounts, less than a few years trading experience, maybe 0 years investing. They could all be right though. Just seems to me they certainly can't evaluate C's financials; don't much know, if at all, about Bove and his positive call; and likely don't even have accounts with C or know how C makes its money. When I see these kinds of people buying stuff like this, I just want to stay away.

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