DeMuth bagged thousands of traders

SoesWasBetter

SoesWasBetter

So this guy Chris Demuth over at seeking alpha, was pimping the RAD 'arb' for a year, up until the day it blew up. He has many followers. Lots of folks lost good money on this.

Don't think he ever issued a sell.

Charges $2500 a year . I'm sure he has winners, but this was an amateur show.
 
Can you tell us more about how this man charging $2500/year for his advice, can blew up an account.
What happened? what was the size of his account? what did he do to blow up?
 
SoesWasBetter said:
So this guy Chris Demuth over at seeking alpha, was pimping the RAD 'arb' for a year, up until the day it blew up. He has many followers. Lots of folks lost good money on this.

Don't think he ever issued a sell.

Charges $2500 a year . I'm sure he has winners, but this was an amateur show.
More...

Why would anyone trade another person's opinion, I am guessing his followers were the unsophisticated bunch...
 
The RAD arb was looking real good till about the last week of JAN. Hindsight's 20/20.

What's your beef with him? Everyone has winners and losers.
 
First of all , he didn't BLOW UP. But he was pimping this until the bitter end for the last 40 cents.

Called it his best arb of 2017.
 
SoesWasBetter said:
First of all , he didn't BLOW UP. But he was pimping this until the bitter end for the last 40 cents.

Called it his best arb of 2017.
More...

I have liked his articles. I have found them informative. I don't think it was dumb to be long the spread at 8.60. All signs were pointing to a close, possibly before Trump took office. It didn't work out that way. That happens sometimes.
 
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