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Re: fung_derf post# 1564

Tuesday, 09/18/2018 12:13:32 PM

Tuesday, September 18, 2018 12:13:32 PM

Post# of 1706
Especially reprehensible are those who write about retiree-type div stocks and also pump on IHUB's scammiest stock boards. With pennies I only bash. Occasionally I'll go beyond that and contact the SEC about deficiencies. But I can be critical of a few listed stocks, too.

One of my minor hobbies is arcane financial accounting which is like stage magic, only with with numbers. Instead of levitating young ladies, a balance sheet is levitated.

Many of these ultra high div stocks are illusions... that sadly fool a lot of newbies. You have to look beyond the yield! Come the "next 2008" you'll find out "who's swimming naked," as Buffett likes to say.

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