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To: Land Shark who wrote (3096)12/8/1997 10:02:00 PM
From: KZAP  Respond to of 11708
 
Funny thing with those small traders, companies, ect.
Some of them become BIG traders, companies, etc.
What's that saying: Watch who you step on, on your way up?

Happens all the time, huh!

I kinda like this quiet time!
It gives me the opportunity to get new info! Look for more
conpanies. Something I will need when I make more money!
Gotta have something to spend it on!

Go C$MA!!!!!

LONGfellow



To: Land Shark who wrote (3096)12/8/1997 10:08:00 PM
From: David Smith  Read Replies (2) | Respond to of 11708
 
Do you really believe that timing is that critical? It seems in all my deals, a day or two delay in buying wouldn't have made that much difference. Remember, I am a long-term investor.

I really don't think I could have duplicated my broker's efforts without quitting my clients and spending a disproportionate amount of time on research. I don't know about the rest of you, but I like to have someone who spends countless hours doing research and then distills and provides me the essence of the details for me to make an informed decision. I am time limited so what she does for me is extremely valuable.

Yes, I know for an absolute fact that she is serving my interests.

If you trade very small, then you have a point that the account might be too small to make it worth the broker's time.

I think that more information nowadays is available to the retail investor and you can find out the same info by surfing around.

I disagree. I don't think you can find the same info by surfing around. I think you would need to do full-time research over a period of time to have the information that my broker has. I didn't see the type of information being posted to the thread that my broker was giving me. That is why I joined SI, to provide information to the thread that nobody else was providing.

David



To: Land Shark who wrote (3096)12/8/1997 11:07:00 PM
From: TraderGreg  Read Replies (1) | Respond to of 11708
 
<But, for a small time client like myself, does a broker who has many more well monied clients feel any interest in serving me? >
Let me tell you a story Sam. I'm in the mortgage business, residential 1st trust loans that typically run from 150 to 250K. One day, I got a referral for a $46K condo refi. Not only was it a small loan, but it was a condo, and they are a pain believe me. In any case, I took the loan, small that it was.

Six months later the guy with the condo, a physician's assistant, told me to give a friend of his a call. He needed to refi. I called the friend. turns out the friend's refi was a $7 7 0, 0 0 0 loan. The $46K condo guy later gave me two other referrals for nearly $400K.

There's no such thing as a small client, OK.

TG