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Yes, enamored is the right word; he gets emotionally involved with them, like they are his babies; he can't sell them or let them go before they bomb. His loyalties are with these CEOs that he thinks are his friends. He recommends their stocks all the way up, and continues to recommend them all the way back down. I think if you've owned his recommendations for years, you've done well; however, those who have been buying this last year, as I have, have mostly losses. Long term, we may do well, but we have to hold them while they fall. JD keeps saying, "buy more of these good stocks on weakness". He thinks we have unlimited funds and can afford to keep investing good money after bad as they continue to fall. Some of us have to sell something in order to buy; and if we sell now, we take a loss. I am down on cd, cppky, ffs, hlt, het, hkt, nde, lsi, mot, pdg, pmrx, sme, sew. And now he says buy more while they're down! I'd have to sell some of these at a loss to buy more! I'm beginning to question my reason for following JD. I need to seriously examine my intelligence here. I cannot afford to follow him anymore. Hey, JD, are you out there listening? |
