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Re: channingtatum post# 45204

Thursday, 10/27/2016 2:19:32 AM

Thursday, October 27, 2016 2:19:32 AM

Post# of 70623
Investing based on the 'Greater Fool' theory is a very bad idea, especially in pennystocks which have very strong negative expectancies and are also subject to things like SEC suspension, which is unpredictable in timing butt rarely unpredictable for utter scams like this Scott Sand scam.

He's a CONvicted felon who did prison time for financial fraud in the Ingen pennyscam. The SEC is already well aware of SIML.

It's like a game of hot potato or musical chairs, except in this case, almost all the shareholders wind up with no chair and a hot potato when the SEC halts the music and the pennystock drops to the grey market and an immediate average 80 percent loss when trading resumes as a grey market ticker - followed by wind down to no bid and zero volume.