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Stock tip

PostHeaderIcon Stock tip

stock tipsLast month I was at the freedomfest in Vegas. There were many speakers and they covered a broad range of topics, but it was very heavy on ‘investing’.

During the ‘fest’ I learned that the organization originated in the investment world. That explained a lot. In fact, the organizer of the event was a certain Dr. Mark Skousen, PhD, Economist. Apparently a very well known figure in the investment world. I attended a few of his presentations.

Clearly a gifted speaker.

In one of the presentations he thanked us for attenting, and showed his appreciation for us showing up at his conference by giving us a HOT stock buying tip, that he recently had shared with his customers. He told us about a company by the name of Luminent Mortgage Capital Inc (stock symbol LUM). It was an excellent buy, was going to declare some healthy dividend and … well, it was just a steal! Ok, it had gone up a little the past few weeks, due to Mark recommending it to his top customers, but when it leveled out at about $10, we should all load up!

He humbly bowed to the applause.

I invested some money in it. And then I sold my stake.

I more than trippled my money in, oh, about a week’s time. Made a couple of thousand bucks. It paid for the trip and the conference and then some!

Don’t you just love ‘stock tips’?

(Yes, of course there is more to the story! Subject of a subsequent post)


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4 Responses to “Stock tip”

  • Yuvi says:

    It was just the invisible horny phoenix in disguise, y’know…

  • Paul says:

    Yuvi, I DO think there may have been a form of ‘disguise’ here … but it wasn’t your divine IHP.
    Btw, I just don’t understand how you Indian people can believe in such obvious ridiculous dieties! I think you all should convert to the one and only TRUE FSM. Become a born-again FSM-ian.

    (Just kidding! Thank God I’m an atheist! 😉

  • Yuvi says:

    Blasphemy! [or whatever word that I don’t know the meaning for here]

    [Runs away with hand on mouth to call village elders]

  • Paul says:

    @Yuvi .. no, NO.. please.. NOT the village elders… PLEASE!

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