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Rant: I lost $400 on a 'sure thing' stock tip from a friend

A buddy of mine was really excited about a small tech company he heard about and convinced me to put money in last month. The stock dropped over 30% in two weeks after a bad earnings report, and I sold it all. Has anyone else been burned by taking personal stock advice instead of doing their own homework?
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2 Comments
clairem38
clairem3810h ago
Did you even ask your friend if he lost money too?
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terry_adams81
Actually asked him first thing, clairem38. He said he was up for the week overall, just had a rough day that session. My point was more about the bad beat itself, not the total money.
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