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Re: Natureboy1 post# 81077

Tuesday, 02/19/2019 4:09:31 PM

Tuesday, February 19, 2019 4:09:31 PM

Post# of 100426
Gracias..for your sake's I hope this ticker turns out to be legit and profitable. After 8 years I've just not found one that is... or one worth the massive risk. IMO it's "possible" to get rich in pennys.. just not "probable" or the vast majority. If there's a run my advice is to be safe and pull out your initial investment as early as possible then gamble with the rest. After the market crashed in 1929 Joe Kennedy reportedly said "only a fool holds out for top dollar."

Greater fool theory
In finance and economics, the greater fool theory states that the price of an object is determined not by its intrinsic value, but rather by irrational beliefs and expectations of market participants. A price can be justified by a rational buyer under the belief that another party is willing to pay an even higher price. In other words, one may pay a price that seems "foolishly" high because one may rationally have the expectation that the item can be resold to a "greater fool" later.
https://en.wikipedia.org/wiki/Greater_fool_theory

Good advice that

My "opinion" is as valid as your "hearsay"