CMKM Diamonds Inc. (fka CMKX)

[janice shell]

LOLOL!! But seriously, I don't think they are. They're a pretty diverse group, geographically, culturally, educationally, and so on. One thing they have in common, I think, is that most are older rather than younger; I'd say most of the remaining True Longs are over 40, many over 50. But that tends to be true of the financial message boards in general, contrary to what one might think.

All who bought into this story are perforce unsophisticated investors. Unfortunately, they've shown themselves unwilling to learn anything at all about market basics. It's so much easier, after all, to buy into the NSS nonsense, as your CEO dilutes insanely.

Here's what I find extremely disturbing: back in 1998, when MTEI went down, shareholders understood what had happened. When the SEC suspended trading, they GOT IT. When the company closed its doors two weeks later, they GOT IT. They realized, not without considerable pain, that they'd been scammed. The didn't dream up absurd "NSS" or "settlement" theories, they didn't blame the SEC; they accepted what had happened and tried, without much success, to go after the perps.

What's WRONG with these people today? Cognitive dissonance? WHY can't they figure out what's happened? It certainly isn't for lack of evidence.