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Posted on 1/24/16 at 9:58 am to Old Sarge
I'm glad I averaged down and got out of this alive. EXXI represented one of my stupidest purchases ever. I had based my purchases largely on analysts. Jim Cramer being one of them. Interviewing their CEO on a platform IIRC.
Now I'm not being critical against the guys that are buying this now as part of their speculative portion of their portfolio. I'm just relearning a lesson. I didn't take much time on this purchase, and even experts aren't really smarter than most the rest of us.
Now I'm not being critical against the guys that are buying this now as part of their speculative portion of their portfolio. I'm just relearning a lesson. I didn't take much time on this purchase, and even experts aren't really smarter than most the rest of us.
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