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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (22779)	12/18/2005 12:27:18 PM
From: Suma	Respond to of 78740

You are correct.. When I chose to utilize his services I had only one request and that was to invest in whatever he bought for himself and his mother, who is a few years younger than myself. For years she had raved about how well her son had done for her. She rattled off the profits he made and that piqued my interest. I did not think he would in any way use poor judgment when it came to his mother. Since that event... three years ago, I am not that friendly with the mother. AND I took my account away from her son. But the losses are not going to go away. It seemed every time he would call me to buy something the next day there would be a controversy or lawsuit or something and the price would drop precipitously. The one stock CNXS that he got received some very negative news the week after he bought it and I insisted he sell .. It was the only one that would have made money. IRONY.