Hold your hats I have a storey for you on recommendations you get from people.

So, my wifes Uncle was hyping up this company AKP just 1 month ago and said its going to the moon. At the same time I mentioned DRO to him which he continued to scoff at and I thoought, this is a guy with closed ears and little experience.

So i came home and did my due diligence on AKP first with my technical analysis of the charts that told me it has further to drop so wait. Then I opened up Commsec and went straight to the Debt to Equity ratio which said 2238%. WAIT what. I have actuall never come across a company with a number like that. I thought to myself, is this an error on their site. I was never going to invest in a company with a number like that.

So I put it on my watchlist to see if it was going to fall just as my technical analysis suggested. Yep, it continued it's merry way down till today when I saw @Rapstar comments on the ASX shutting it down. Thank god I did my due diligence.

The thing that got me the most was this recommendation was from a family member who, wait for it, is a registered accountant.

WOW right