Tell you what.
Post the share up.
If I think its a buy Ill buy $500 worth.
If it makes a profit Ill give it to you.
I will have full control of the trade.
But I will ask you here if you want to sell it if its in Profit.
If it loses $100 Ill close the trade and wear the $100.
That's the stop!
Perhaps you can learn something from the trade.
This is a genuine offer.
We can follow it here and Joe will vouch for me.
Now that's the best brokerage deal in town!
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2 of 2: REPLY TO TECH...WOW !
[NOTE: all of this is being written on little sleep!]
Hey Tech,
this is a very cool offer you've made - generous, exciting and very interesting !
As you intimate, perhaps the coolest aspect is the discussion we could all have in seeing what happens and what we could learn - especially this newbie here!
Let me practice my 'risk management' (to quote Faramir!) though, and beg your forgiveness at any offence by thinking aloud:
Even though on the surface I can't possibly lose anything by taking up your wonderful offer (and it is everything I said above!), there IS actually a risk:
If I take up your offer, the potential opportunity-cost is that I might not seek to solve the "$500 problem" another way. Then if the stock went up and heaven forbid you didn't pay me, I would have lost something...
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However, it occurs to me that you have alot of posts on here so you would most certainly be 'invested' in maintaining your reputation on the forum !
It also occurs to me that: if you like the stock, you probably have enough money that you'd be able to invest a good chunk of cash in it yourself. So if it went up, you'd earn enough that you'd be fine about paying me anyway! (I expect that the profit would be alot smaller than what you could earn yourself).
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NEVERTHELESS...would you have anything to lose yourself by offering some kind of firmer guarantee we could create? Even a simple agreement of several lines or something with our real names?
Anyway, I'm openminded about the whole thing!
In realiity there is very little I could lose!
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RE: revealing the stock...
My first thought is that perhaps it's prudent to reveal it first only to you by private message...
It seems highly unlikely that it would go viral and shoot to a higher price before we can buy, but discretion is the better part of valour right?!
So AT THIS POINT I'm happy to reveal it to everyone, but only after we have the opportunity to buy...
Unless someone can provide a better argument?!