Astra Veda Corp (ASTA)

[GAMM]

Wonder if you should buy more stock in WRFX

Mario Livio book "Brilliant Blunders" Page 96:
***** The more committed we are to a certain opinion, the less likely we are to relinquish it, even if confronted with massive contradictory evidence. (Does the phrase "weapons of mass destruction" ring a bell?) The theory of cognitive dissonance, originally developed by psychologist Leon Festinger, deals precisely with those feelings of discomfort that people experience when presented with information that is inconsistent with their beliefs. Multiple studies show that to relive cognitive dissonance, in many cases, in stead of acknowledging an error in judgment, people tend for reformulate their views in a new way that justifies their old opinions.

WOuld you invest in a company with no product, no revenue, and a "CEO" that has been dishonest. Would you invest in a company that has made a lot of (broken) promises?

What if there is no working app, no angel investor, no $100,000 available in the fundme page. What if the only person that has made money off WRFX in the past 2 years is the CEO?

When I read about people wanting to 'buy more', I just want to direct you to the nearest ETF and say "Watch your money grow for a while, instead of dissapear!"