Rant: I lost $400 on a 'sure thing' stock tip from a friend

A buddy of mine was really excited about a small tech company he heard about and convinced me to put money in last month. The stock dropped over 30% in two weeks after a bad earnings report, and I sold it all. Has anyone else been burned by taking personal stock advice instead of doing their own homework?

3 comments

Log in to join the discussion

Log In

3 Comments

clairem387mo ago

Did you even ask your friend if he lost money too?

4

terry_adams817mo ago

Actually asked him first thing, clairem38. He said he was up for the week overall, just had a rough day that session. My point was more about the bad beat itself, not the total money.

6

jade_bell7mo ago

Oh man, always gotta check that first. I mean, I've been in spots where someone's complaining about a hand but they're actually winning overall. Changes the whole vibe.

0