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So this buddy of mine wants to give me a stock tip...
If you have read any of my posts you can tell I am more about substance than appearance... If you have ever met me you can also say the same...
So growing up my friends always figured I'd drop out of high school (wrong! I flunked out in style, fuckers! and then went on to drop out of college but not until I aced (some kinda creative writing) English class)...
Then I found adult... And it wasn't so much adult as it was sales and promotion. I write some nice shit and even though my blog only gets 100 visitors a day it makes a few sales a day... I attribute that to my writing and promotional abilities... Plus I photoshop the fuck out of the crappy photos sponsors release...
So now I make great money and a friend of mine tells me about this stock he is in... He has 10K in it and it is like Feb. 2005. He is telling me how it will hit $1.75 and it is currently like 7 cents or some shit... How he is going to pay off the house and buy a pool and a vacation home...
I look at it and then have a friend who does penny stock day trading look at it and he basically tells me to stay the fuck away from it and it has all of the signs of a stock that will fold completely...
So I go back to my friend and let him know the dire conclusions my other friend has for it and he laughs and tells me I am an idiot and always will be and I am just 'lucky' I make more than most in the adult industry. He is basically assuming making a lot of money here is easy.. Hell it must be if I can do it right?
So now his stock is trading for .0003 and his 10K nest egg is worth about 80 bucks... 80 FUCKING DOLLARS! So I tell him to sell it and think about posting galleries and making money in adult and stop thinking about get rich quick shit.
He won't sell it and think it is going to rebound at some point.
I don't even know what my point it but shit... I feel so fucking bad for his family because that 10K was basically all the money he had and he already was spending money on a room addition with the speculation the stock would move up and not down...
Perhaps my question is... how do you get someone in that kinda situation to come to grips with reality and move on? He is now seriously depressed to the point I am scared for him and his family. Another friend of ours lost his house and shit and never recovered mentally when the tech bubble burst. Now his family lives with his mother and he lives with another friend because he is to embarrased to show his face to his family.
Anyone have some advice?
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