Democratic Underground - Your lack of business acumen on oil and gas stocks has been admitted by you.

Reply #38: Your lack of business acumen on oil and gas stocks has been admitted by you. [View All]

TexasObserver

(1000+ posts) Send PM | Profile | Ignore

Mon May-03-10 08:59 AM
Response to Reply #35

38. Your lack of business acumen on oil and gas stocks has been admitted by you.

You bought BP at $52 on Friday, and it's already down to $49.50. You've lost 5% over the weekend, because you bet on your hunch. This is why people don't suddenly decide they're an expert on oil stocks and invest on hunches.

http://www.advfn.com/p.php?pid=staticchart&s=NY%5EBP&p=5&t=15

http://www.advfn.com/p.php?pid=staticchart&s=NY%5EBP&p=1&t=15

http://www.advfn.com/p.php?pid=staticchart&s=NY%5EBP&p=0&t=15

You have already acknowledged that you bought 300 shares of BP on Friday, April 30th, and that you bought at $52 a share. You have already admitted that you HAVE NEVER BOUGHT OIL STOCKS BEFORE you made that investment on your hunch that BP would make money. You are heavily invested - emotionally and economically - in your $14,800 worth (and declining) of BP stock.

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Reply #38: Your lack of business acumen on oil and gas stocks has been admitted by you. [View All]