I got to thinking about my trading like FHAL. I think every POS I trade is a scam. I will go long on a POS not because I beleive the story BUT only because I beleive more fools will follow me that actually do indeed beleive the story and buymy stock higher than what Ibought it at. Thus the greater fool theory.
I often compare penny stock trading to pyramid schemes or even the more legal MLM - the ones in first make the most and the ones in last lose
Investing is for those who don't know how to trade