old woman smart enough to accum 17000 AAPL shares but too dumb to know this ?

Your content is top notch.
Truly inspiring and valuable source of actionable content.
If we could only have a dozen of you shedding value 24 / 7.
Maybe you could type and mouse using both hands?
Sure ya can.
Go for it J=Mo! be your new nik.

JackMorgan said:
https://www.barrons.com/advisor/art...cle-arbitration-loss-51660929100?mod=hp_DAY_8

WTF?

Yes ma'am , someone will pay you money but there's no risk to you and your beloved aapl shares will never leave your bosom.

They should have fined her for filing the lawsuit
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She probably would have received much more than measly $800,000 had she allowed to sue them in court. In either case, those idiots at Pinnacle were either lying to her or had a very incompetent team of analysts.
 
easymon1 said:
Your content is top notch.
Truly inspiring and valuable source of actionable content.
If we could only have a dozen of you shedding value 24 / 7.
Maybe you could type and mouse using both hands?
Sure ya can.
Go for it J=Mo! be your new nik.
More...


ive posted more actionable content than any 1000 of you in the last 10 years
thanks for asking

you can lead a horse to water, but you cant make him think
 
schizo said:
She probably would have received much more than measly $800,000 had she allowed to sue them in court. In either case, those idiots at Pinnacle were either lying to her or had a very incompetent team of analysts.
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simplest concept in options is , selling a cc could either lose you the stock or cause you to but back the call higher

in a roth , she might not have had the cash to do the latter, but still.

you really think they LIED to her about such a simple thing?

that would be like your Crypto advisor telling you that the string of worthless digits had value, or that uncle sam friedman insures it againt loss
 
JackMorgan said:
simplest concept in options is , selling a cc could either lose you the stock or cause you to but back the call higher

in a roth , she might not have had the cash to do the latter, but still.

you really think they LIED to her about such a simple thing?

that would be like your Crypto advisor telling you that the string of worthless digits had value, or that uncle sam friedman insures it againt loss
More...
If she signed the proper paperwork, then the large print givith and the small print taketh away.
Buyer beware, right J-Mo?
Never sign something you don't understand or never even read, unless you are a congress critter or in the senate, then fuggum, that's just taxpayer problems. I got to get my hair did. Toodles.
 
JackMorgan said:
you really think they LIED to her about such a simple thing?
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Did you even bother reading the article you posted? Let me spell it out for you.

"At a subsequent meeting with two representatives of Pinnacle and her Schwab broker, Fernbach stated that she did not want to sell any Apple shares or risk losing any [and] the representatives allegedly assured her that a proposed laddered covered-call writing strategy would not risk her Apple stock."




 
schizo said:
Did you even bother reading the article you posted? Let me spell it out for you.

"At a subsequent meeting with two representatives of Pinnacle and her Schwab broker, Fernbach stated that she did not want to sell any Apple shares or risk losing any [and] the representatives allegedly assured her that a proposed laddered covered-call writing strategy would not risk her Apple stock."
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Does she have PROOF of that? Video, Audio, written documentation?
Allegedly is the lawyer's wallet padder deluxe.
If her paperwork on file authorizes them to do what they did, then any verbal changes "are not worth the paper they are not written on", to butcher a saying.
Them boys are giving "salesmen" a bad name, a consumer could confuse them with con men, just sayin. Oh certainly mam we can ASSURE you that this idea is not half baked, no, it is Completely baked. Would you like to order some desert now? How 'bout we freshen up that wine spritzer. The weather is just wonderful this week. How's Trixie? By now. Yes it will be the best move you can make, trust us, we are pros. It's what people pay us for. It's how we provide value to our clients. Watch your step, your car is waiting. Good Bye.
NEXT!
 
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easymon1 said:
Does she have PROOF of that? Video, Audio, written documentation?
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Man, I thought you were smarter than this.

You think arbitrators are doting idiots? :confused: They're usually made up of retired judges. They don't just second guess what might have been.

Although the qualification varies by states, this is more or less the case for most.

upload_2022-8-21_23-52-13.png
 
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