Bigtime stock trader shows his port; blames COL for losses

Stock Trader Albert Reyes showed his trading portfolio Wednesday after the announcement of the planned lawsuit against online stock broker COL Financial Group, Inc. On January 17, Reyes, announced that he will file a case against COL Financial Group due to lag issues of the latter and demands its total closure. Reyes and his legal team is planning to file the formal case within this week.

“When the stock price went down, I was hoping to cut losses but apparently, I couldn’t trade,” Albert told. “I just saw my money burn and I couldn’t do anything." 

COL Financial  should be held accountable for all the loses due to their site's troubles according to the trader.

On January 20, COL announced that they are temporarily suspending account opening applications until further notice, in order to smoothly and efficiently implement upgrades to their system. 

Source: Peso Economics