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Renee

01/03/22 1:46 PM

#194861 RE: bar1080 #194859

I can't recall seeing My portfolio is doing poorly. Maybe I should take a few months off and read some respected investment books.

Well, although slightly embarrassing, a long time ago (+12 years) I was one of the gullible, and I lost substantial money on two Nasdaq stinkers and one OTC fraud. I was all ears when our beloved Janice wrote compelling posts. She was and is always focussed on teaching and helping anyone who would listen. A THANK YOU shout out to Janice!! I stopped trading all together and began reading everything until I was comfortable investing in blue chip stocks. I have recovered all the money I had lost +12 years ago and am well into the green. A few blips since then but very minor.

Incidentally, 12 years ago was when I started the SEC Suspensions and Revocations Board, wanting to warn 'traders' about the perils of playing OTC stocks. I have hoped that at least a few I-Hubbers avoided catastrophic losses from reading that board. 3,990 SEC Suspensions over 12 years should scare the bajeebers out of everyone....but 'it won't happen to me' mentality still prevails.
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shajandr

01/03/22 6:33 PM

#194878 RE: bar1080 #194859

That is still seen more often than 'I've become a multimillionaire by retail trading pennystocks.'