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Re: FloatCleaver post# 11025

Monday, 09/12/2016 5:46:57 PM

Monday, September 12, 2016 5:46:57 PM

Post# of 14985
Sorry, I don't trade scam pennystocks.

Ever.

There is a HUGE negative expectancy - just like casino gambling - one WILL lose in the long run, unless they are an insider CONtrolling the share printing press or toxic financier.

I don't play in games with negative expectancies. Those are fool's games for newbies or for the crooks that run the pennyscams themselves.

Nobody (other than insiders and toxic financiers) getts rich playing pennyscams. There are no billionaires who 'made their munny trading pennies'. But there are millions of people who lost their life savings, retirements, houses, marriages, friends, and careers by trading pennyscams and thinking they can beat the negative expectancy of 'investing' in pennystocks - which are 99.9 percent either failed/failing businesses (like DCLT) or outright scams and criminal conspiracies to enrich insiders via securities fraud.

One is far better off just buying lotto tickets. Far better off - statistically speaking - the negative expectancy of lotto tickets is much, much less than trading pennystocks.