Jun. 24 at 2:51 PM
$SATS Gosh. This is unbelievable. Sank below
$100 a few minutes ago, but has since recovered somewhat. This is the one of the most hopeless stocks I've had the misfortune of buying. I did so only cause I watched a CNBC interview with Ron Baron. Watching a billionaire wax lyrical about a stock amounts to doing due diligence. I heard the effusive comments about
$SATS, I heard him say that any stock connected to
$SPCX, which itself is intimately connected to a man Ron Baron considers a genius and near infallible, is certainly worth buying and that was enough for me to snap up a couple of hundred
$SATS stock. So, I DID do due diligence. But that wasn't enough and now I'm paying the price. Literally. If I can't trust a billionaire, who can I trust?