Thursday, April 27, 2017 2:04:46 PM
Standard Rurouni school of penny-stock hyping: Make up some vague, unverifiable promise a few weeks or months in the future to string naive investors along.
When that date is reached, repeat with a new promise and so on.
The longer investors hold, the more desperate they get to believe it was all worth it (sunk cost fallacy).
Eventually by the time they wise up, the stock price has sunk so low that those investors don't see the point in selling their shares, and instead hope for a miracle. (lotto-ticket fallacy).
Very few burned investors will speak out publicly because they're afraid of ruining their chances to recover their money selling to a greater fool.
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