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  • Review of Current Losing Positions: NZT, ACAS, SKM, GE [View article]
    TKTK -
    For good order's sake, I do not own, nor am I short, ACAS. None of my clients have a position in ACAS.

    I merely am pointing out aggressive accounting tactics used by ACAS and others. Will the stock go up or down, I don't know. I advise steering clear of operators such as these. I'm not an expert in ACAS, but paraphrasing Warren Buffett, in investing one need not swing at every pitch. For the reasons stated here and above, I'd advise passing.

    Regarding your inflammatory remarks about losing people money, you can find my firm's name through my blog. On my company website I have quarterly newsletters showing verified performance of a composite of client accounts. I submit that my client recommendations have not lost "1000's of people...lots of money".

    You're entitled to your opinion. In investing, it's important to do your homework first.
    Jul 10 10:12 am |Rating: 0 0
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