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re: Securities Lawyers.....Recovering Investment Losses

Posted on 3/11/13 at 12:04 pm to
Posted by JPLSU1981
Baton Rouge
Member since Oct 2005
26320 posts
Posted on 3/11/13 at 12:04 pm to
Are you in a managed account with him or is it just a regular brokerage account?

TBH, it's not really his job to "watch" individual stocks that you buy. Did he even recommend that stock to begin with or did you just come in with money and say "I wanna buy ATP" ?

If he recommended the stock to begin with, you might have a better case, but still probably not. But if you wanted to buy it and he had nothing to do with recomendation and merely transacted your buy order, it was not his job to watch the stock for you.
This post was edited on 3/11/13 at 12:12 pm
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 3/11/13 at 12:21 pm to
quote:

. Did he even recommend that stock to begin with or did you just come in with money and say "I wanna buy ATP" ?


no he recommended ATP and we discussed buying it but before I knew it he had already bought it.



On a different note: Im looking at my statement and It seems as though I have $5700 in cash just sitting alone, what if anything could I be doing with this money?
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