Some people on patnet wanted to pay me 4% commission to help them buy properties at the courthouse steps. Some met me personally and wanted to JV with me on flips. One on here is currently investing with me. I have referred clients to iwog for his attorney service. I have offered plenty of real estate and mortgage advice offline to other patnet users. You can call me any name you want, but patnet users are smarter than that, and they can figure out who the loser is.
well... that would be the our new economy in a nutshell...
SFAce is notorious for giving real bad investment advice.
SFace gives a lot of sound advice on here. Like anything in life, there are some hiccups along the way. It proves that he's human and is subject to bad decision making sometimes.
You sir, time and time again, have been telling people on here not to buy houses at the bottom of the housing market. You have caused potential buyers millions of dollars combined with your unsound advice. Why haven't you apologized Patnet potential buyers for your unsound advice? Before you criticize other people, take a look at yourself in the mirror first.
NEW YORK (Reuters) - Soros Fund Management, one of the hedge fund industry's most closely watched investors, exited J.C. Penney and trimmed its stake in Herbalife late last year, marking a notable shift in course only months after buying into the companies.
The New York-based firm, which ranked as J.C. Penney's second biggest investor, sold 19.98 million shares during the last three months of 2013, according to a regulatory filing on Friday. It also cut its stake in Herbalife, where it was the fifth biggest investor.
J.C. Penney and Herbalife spent most of last year in the spotlight, with the retailer's stock price losing half its value as an ambitious overhaul fizzled and the nutrition and weight loss company surging 139 percent in the wake of a dramatic faceoff between some of the world's biggest investors.
So when Soros bought 17.4 million J.C. Penney shares in April, not long after Ron Johnson was ousted as chief executive officer, investors cheered and pushed the share price up.
But as the company's once-ambitious turnaround plans lost steam and a former CEO returned to the helm, its biggest investor, William Ackman's Pershing Square Capital Management, abruptly exited in August. The share price kept tumbling and has lost 68 percent in the last 12 months.
While Soros was a steady J.C. Penney supporter through the e