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Old 07-28-2013, 07:54 AM   #3349
SEC_Chick
I am beyond a rank!
 
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Join Date: Mar 2003
Location: A pool of my own vomit
Posts: 734
Re: The jig is up, the news is out.

Quote:
Originally Posted by LessinSF View Post
True, but only one of two true losers out of about 40 winners, including one 10x and a few 3-4xs. And that was only due to Adelphia lying about the amount of thier customers in their SEC filings. I.e. Plated was acting on false info. I and he were also part of that class action. I'm not going into it, but he is an alpha value investor, not an insider. I havw waited 3-5 years sometimes for the value to be achieved, but (barring corporate fraud) it almost always has been. The man, and his investment buddies, are fucking smart.

LessinReykavik, Iceland
I know. I thought all the bad news was out there already and didn't think they were committing fraud too. He knows his stuff. I really meant it as more of a comment on my luck to jump on the ONE that goes straight down the crap hole, and a stroll down memory lane. Plated's Picks. Me doing nothing but dot com venture capital work. Man, I am old now.

And it was only my second worst mistake, I bought QQQ in 2000 all on my own. To my credit, I was only 23.

Last edited by SEC_Chick; 07-28-2013 at 07:57 AM.. Reason: Eta: the silver lining was that I had capital losses to offset my gains for several years!
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