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fxtrader07 » Comments » ADVNA

  • Big Ben's Credit Card Moves: The Good, the Bad and the Ugly [View article]
    the number of people bragging about (a) their success trading V or (b) bragging about calls on V being the ultimate road to riches is stunning.
    the voice of reason (bearfund) gets silly rebuttals by people who think that a 10% annual return is something ridiculously low RoI. Feels like dot-com fools are allover the Visa-place. yeah, it might go to 200$/share. so what? you can make this exercise 5 times and be right 4 times. the fifth kills you, especially with this repeated call-buying humbug. face it, you need someone (fool or not) who buys V-stocks from you at ahigher price to make any money. Compare that to solid dividend paying business. that was bearfund#s point - but the momentum morons who don't know a thing about fundamentals and investing of course didn't get it.
    at one point your calls will expire worthless and kill all your nice profits. only hope you didn't pay them with your V-card
    May 07 08:47 am |Rating: 0 0 |Link to Comment
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