Poor Pershings broker house- not a so sophisticated investor after all - most likely holding since 20c and then dumped at 12.5c , 2 days later it's 17c
That's got to hurt in my opinion
It is for this very reason why I believe the term Sophisticated Investor is over rated - there is no sophistication about most of them - most of them have means to money and that's about it.
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Poor Pershings broker house- not a so sophisticated investor...
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