Actually, that could be argued.
If they were true 'investors', instead of looking for a quick flip retirement, they would do enough DD to see too many red flags on 99% of the 99% that are scams. And if the funds for those bad stocks were to suddenly dry up, due to investors wising up, the scams would slither off into the sunset. But too many hear about the 100 baggers and greed takes over.
In case I forgot to mention it above, Always Just My Opinion