BELIEVE IT OR NOT, there is a business which is called 1800 STOCK LOSS. That's the phone number, not the actual name of the business. What might that be, the name of the business? Well, I guess you gotta call to find out. Maybe its named "Stock Loss".
Anyway, I think what they do is....well, actually I have no idea what they do. I just happened to hear an ad on the radio. I should call. I should have called before trying to write this article. But, somewhow, I didn't want to.
Presumably what they do, perhaps what they do, is listen to horror stories about wicked or incompentant stock brokers who made disastrous purchases for investors, then, they somehow attack said broker, attempting to reclaim some of the initial investment for the investor/StockLoss client. Above and beyond just selling at a loss, presumably, with an appropiate fee for "StockLoss".
This attracted my attention, because I bought facebook, only because my broker strongly recommonded it, and I've been angry about it ever since.
But how do they do this? How does it work? Stay tuned. More research forthcoming. Are they all lawyers at StockLoss, Inc.? do they sue stock brokers for incompetence, "malpractice"? How could they? Surely stock trdes are immune to legal liability.
How in the hell can anyone successfully sue a stock broker for bad advice, when the investor paid for that advice, and gave approval for all stock transactions? Or is this simply another example of our legalistic sue happy society run amok? Doubtless.
One way or another, we're gonna get to the bottom of this...
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