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Alias Born | 06/03/2008 |
Tuesday, December 07, 2021 9:03:58 AM
RGBP Investor calling brokerage:
"Hello, broker? I'm calling with a complaint on my position statement! It shows the value of my holdings of RGBP down over 80% since August, and my purchases of 'cheap shares' at 5,4, and 3 cents, down 50% or more!"
Broker: "Let me check on that..... no, that is correct, there is no problem here"
RGBP Investor: "But look at the volume! History shows high volume and I could have bought low and sold out at the top"
Broker: "Sir, first, the volume of a stock has nothing to do with its value, and second, you didn't buy and sell at those prices. The statement with your losses is correct"
RGBP Investor: "I'll sue you! You are probably working with market makers to manipulate RGBP! Did you hear me? VOLUME SPEAKS VOLUMES!"
Broker: "Good bye sir" (hangs up phone)
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