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JUSTHESOLFACTS

04/02/10 11:49 AM

#13355 RE: market-liquidity #13354

Thanks Market. There will be, I'm sure, more stories of
other investors to come. Hindsight is always 20-20 and to say that more due diligence could or should have been done is just beating oneself up. All the DD in the world cannot prevent FRAUD from occurring. When your DD includes examining the financials, listening to the CC's, reading the analyst recommendation reports, SEC filings, and relying on the auditors clean opinion that the numbers are legit., I'm not sure what else one can do at the time. The lesson to me, regardless of the outcome, is that you must diversify, so that you don't lose it all on one investment!!
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Somethingtoprove

04/02/10 7:51 PM

#13359 RE: market-liquidity #13354

Market I am hearing that. I am down 25K as well. You will be able to handle the loss better than I will I am sure.

I would like to just get back half of that and move on. I would be fine with that. Down 80% is hard to stomach.