Replies to post #646980 on Zeev's Turnips Patch-No Politics (ZEEV)

[Cincy Trader]

Fabian, yes, it's a hard lesson to learn. I recall buying JDSU at 20 thinking it just had to bounce back. I mean, it was down from 150. I dumped it at 15 for a 25% loss. But I know a guy who bought it at 148 on the way up. He still owns it. Incredible.

But it's trading at 11 now. Oh, wait. There was that 1 for 8 split thing. That makes it worth about an equivalent 1.50 or a 99% loss for him. Ouch.

[Bangtime]

"Way above average is no match for a flawed strategy."

Well said.