Class action suits for stocks

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May 1, 2007 11:13 pm

i just got a settlement from northwestern utility for 1510 dollars. i lost about 6k on the stock 7 years ago. this is by far the biggest settlement check i ever received. in the past i got these:


worldcom 75 dollars


homestore.com 78 dollars(three separate checks to equal 78 dollars( i lost about 15k on that one). 


unicapital 121.


i did not know you could get money from bankrupt companies. next time someone ask about a securites litgation, have then mail it back.


i used the money to pay for my new mccartney hoffner bass

May 1, 2007 11:21 pm

I guess one could conclude that you have a nack for picking lousy stocks?

May 1, 2007 11:36 pm
aldo63:

i just got a settlement from northwestern utility for 1510 dollars. i lost about 6k on the stock 7 years ago. this is by far the biggest settlement check i ever received. in the past i got these:


worldcom 75 dollars


homestore.com 78 dollars(three separate checks to equal 78 dollars( i lost about 15k on that one). 


unicapital 121.


i did not know you could get money from bankrupt companies. next time someone ask about a securites litgation, have then mail it back.


i used the money to pay for my new mccartney hoffner bass



Nice job on the Beatle Bass.

May 1, 2007 11:59 pm
aldo63:

I did not know you could get money from bankrupt
companies. next time someone ask about a securites litgation, have then
mail it back.





Securities litigation is a complete waste of time, that harms the
ongoing shareholders for the benefit of ex-shareholders. If you bought
stock, you knew it was risky and without an any garantee's.



Yet another reason not to vote for John Edwards.

May 2, 2007 12:11 pm

dear skeedaddy



if you never lost on a stock investment, you must not have money to invest.


bobby, here is the bass


May 2, 2007 2:32 pm

Nobody probably gives a damn, but I have a black gibson les paul with chrome hardware. 

May 2, 2007 2:36 pm
Mike Damone:

Nobody probably gives a damn, but I have a black gibson les paul with chrome hardware. 


Cool box, Mike!


I'vve got an old Stratocaster and a Californian.

May 2, 2007 4:44 pm
Starka:
Mike Damone:

Nobody probably gives a damn, but I have a black gibson les paul with chrome hardware. 


Cool box, Mike!


I'vve got an old Stratocaster and a Californian.



My son has a cute little toy ukele!

May 2, 2007 8:46 pm
aldo63:

dear skeedaddy





if you never lost on a stock investment, you must not have money to

invest.



bobby, here is the bass



<a href="http://www.musiciansfriend.com/document?<br/><br / target="blank"> cpd=0OEY&docid=99371&g=bass&base_pid=511772&index=2">[IMG">

height=213 alt="Sunburst, Left-facing" src="http://

img3.musiciansfriend.com/dbase/pics/products/9/7/8/434978.jp g"

width=700>





That's definately a handsome instrument, congrats. I like it even more

than Sting's Precision Bass ( I have tickets for the July 10th Police concert

in Miami.)



Of course I lost money, even my own, in stocks, but the closest I came to

your experience was getting stopped out of Enron when it broke $50.

Other than that, I don't have much experience in bankrupted or class

action settlements.



Your post surprised me because you named several of these stocks. I

have always prefered high volume stocks. Its tougher to loose a client

when you're wrong about Intel or Starbucks.



Tell us what you're long....so we can start shorting.

May 2, 2007 11:29 pm
May 3, 2007 12:13 am
skeedaddy2:

I guess one could conclude that you have a nack for picking lousy stocks?



no...he has a knack for not recognizing when he should sell them!!!

May 3, 2007 9:24 am
rrbdlawyer:

Aldo/Stark:


Now here's a thread I actually like!  I wonder how many folks know that the photo of the bass is the model used by Paul McCartney, who was actually a damn good bass player.  For my money, there's no modern rock worth a damn without a great bass player.  Some exceptions to the rule. Take Redding out of early Hendrix, take Bruce out of Cream, take Wyman out of the early Stones and you have next to jack.



You forgot John Entwistle.  "Eminence Front" has one of the best bass riffs in all of rock and roll.  It becomes more intricate every time I listen to it.

May 3, 2007 10:52 am

I get to say my favorite thing here now. Keith Moon INVENTED Rock and Roll.


It was Keith Moon's style that allowed John Entwistle to break out of the "rhythm section" mold. Keith didn't know that he wasn't supposed to play lead on the drums (he really had no idea how to play drums).


When Who's management got a hold of Jimi Hendrix, they replicated the Who formula. Noel Redding was a guitar player, they asked him if he knew how to play bass, and he said "I'm a guitar player!" Good! said them. Then they matched him with Mitch Mitchel and threw them along side of Jimi!


For ME, Mitch Mitchel MADE that Are You Experienced? album. There is absolutely no doubt that he was put there because he was Keith Moon with skillz (in fact, he sat in for the Who sometimes and as a result Keith Moon always disliked Mitch.)


The power trio grew from there. The Super Groups had to have a drummer who played lead, Ginger Baker as an example.


Even at his most mostest, can you imagine Ringo Starr or Charlie Watts playing behind Jimi? Jimi would have been a nobody, and there would have been bits of Ringo "scattered on the trees and in the hedges!"


I was listening to some Jeffery Beckery (I call him that, I'm not sure why) on the way in, Shape Of Things from the Truth album (2b exact), I just love the way the trio breaks off into three different directions and then weave together like they've been playing together since kindergarten.


RIP Ox and Moonie (and the Who) inventors of hard rock! (and props to Townshend who had the sense to be a lead guitar player who recognized that he ought to play rhythm while his rhythm section took off heading for the Moon!) 

May 3, 2007 11:14 am
rrbdlawyer:

And before y'all get on my case--It should have been a Les not a Lew Paul.  And don't even ask -- of course it's a Gretsch.  Who the hell would stoop to buy an Epiphone?



Les Paul, Gretch????  Don't you mean Gibson?


I agree on the Epiphone!

May 3, 2007 2:54 pm

Hurry up, Bill...I want to post my nomination for best bassist of all time and tell you about my guitar...