I was wondering if Slater & Gordon's past shareholders had...

I was wondering if Slater & Gordon's past shareholders had completed their "inherent risk" and "inherent reward" studies prior to buying and selling.

Or did they receive advice from a Stockbroker….Or were they taken in by newspaper reports…..Or did they just jump on a speeding train hoping for a fast ride to their destination?

John for instance, mentioned in today’s The Age newspaper stated…. “With hindsight, and more than $50,000 poorer, John admits he knew he was taking a risk when he bought into Australian Mining Investments (now CuDeco) in July.”…… “On the day he poured $77,000 into the stock CuDeco was briefly capitalised at $1 billion, its shares were touching $10 and a geologist had told his broker at Macquarie that the inferred mineral resource of 59 million tonnes looked spot on. John bought in at an average of $7.70.”

A lot of people love to pass blame……not many accept it!.......Hence….litigations are on the rise.

PS: I wonder if that geologist and broker at Macquarie own any CDU…I also wonder if they paid as much as John…..I also wonder…..did they sell?