re: Random Walk Down Wall Street

Yeah, I hear that often. Then the next day they do something that goes against them in large dollars, then they lose their arse trying to make it back. The comment is in no way targeted at you, just a common theme running through these guys comments. Then there is the one friend that was buying shares of a penny stock company and later lent them money to help get a product to market and the company defaulted on his loan. He used to make ~ $300k-$400k a year trading and is down to about $20k from 7-figures. I have heard it all.

I don't buy securities based on blogs, boards, or pundits, but I am sure many do.