Quote:
Originally Posted by CarsRmyVICE
Good point. I still cant get over not buying ford stock back at a buck n change. I was interning at Merrill Lynch a year ago and I will always remember the day when one of the FM's talked a client out of taking a position up in ford when it was 2 bucks.  No no he says trust me you don't want to do that. I bet he is no longer with them. |
Hindsight is 20/20. You don't know the client's tolerance for risk and a year or so ago, that would have been a risky move.
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