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SWBTATTReg

(22,200 posts)
5. I really can't feel sorry for the guy (well, a tiny bit) but we're always been hounded nonstop to not invest in just one
Sat Apr 27, 2024, 12:56 PM
Apr 27

stock, to not overly concentrate in one stock issue, and he did. Especially when you are older and you can't replace the money so easily (like him, I'm older too).

He broke the cardinal rule. Where was his broker at the time? If he had one or if he didn't, he self-invested using eTRADE or some other similar platform.

Overall, he F**Ked up his life totally. He does have the remaining amount of recovered stock that he sold at $26 or there-abouts, but still, he took a big wallop.

I do have to give him credit for stepping up, and admitting his mistake. That had to take a lot out of him. I hope that his family comes back around. All of us sometimes in our lives do make mistakes too. You just have to accept it (the loss), try to recover from it as much as you can, and go on.

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