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I get what you're saying about penny stock

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Monksdream Member Level  Wednesday, 04/24/19 10:47:16 PM
Re: DFLY post# 660
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I get what you're saying about penny stock investing. But there will always be a percentage who will believe whatever a fake PR says even after it has been proven it was fake.

Maybe James Randi said it best.

There exists in society a very special class of persons that are always referred to as the Believers. These are folks who have chosen to accept a certain religion, philosophy, theory, idea or notion and cling to that belief regardless of any evidence that might, for anyone else, bring it into doubt. They are the ones who encourage and support the fanatics and the frauds of any given age. No amount of evidence, no matter how strong, will bring them any enlightenment. --James Randi

The Nasdaq's third tier, the AMEX can be just as bad, and last but not least, the OTC, it seems, are financial venues that reward failure.
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