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Pastimes : Georgia Bard's Corner

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To: bill who wrote (2157)5/17/1998 3:20:00 PM
From: Ga Bard  Read Replies (2) of 9440
 
Bill one more thing ... If you make a portfolio based on some one else you made have the same stocks but their is no way to tell what the person you are following is doing.

I followed and matched MS portfolio and got royally nailed. Even the mentors I follow and trust their research abilities they themselves have had bad picks. Everyone gets bad picks because these start up companies are notorious for shooting themselves in the foot.

Some lie, some get ripped to pieces by day traders, some just flat out do horrible for what ever the reason. Just be careful. This is why I talk about a lot of stocks so no oe can really and truly match my portfolio.. We all move money around.

All this short trap junk .. or going to the moon ... or rumor this and rumor that. Just be careful and KNOW why you have a stock.

There are no guarantees in the stock market especailly up and coming stocks. People get upset about companies selling stocks well shoot that is why they came public to raise capitalization and their stock is a vessel in a lot of cases.

Just be careful and use common sense because no one is responsible for your gains and losses but the person making the trade.

GB

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