You essentially ignored everything I said to talk over me so you can bash penny stocks and penny idiots (like me of course).
I didn't say they were FRAUDS I said they were PUMPED
I said:
If that's the case, I can assure you that TRILLIONS will be lost and the biggest culprits will be BIG CAPS just like it was back then. And sure, $$ will be lost in podunk penny stocks - but it will be NOTHING in comparison to the BIG CAPS in the NAZ, DOW, and S&P
LET ME REMIND YOU OF SOME OF THE HIGH FLYERS:
JNPR -- nyse GLW - nsye BVSN - nq CSCO - nq T - nyse All of these trading at a fraction of their highs
Yahoo was trading up until liquidation Oct of last year
Many of the high flyers on the major exchanges went belly up.
As per the example I gave -- when a stock like TSLA drops $200 in a day --- BILLIONS OF EQUITY IS WIPED OUT.If the market gets pumped up -- it WILL HAPPEN AGAIN .
As for :
They were piling into them back then… which is why YAHOO HAD A HIGH OF $475. I see BVSN split adjusted price being over $20,000
and this:
Are you serious? The "public" that is plowing $$ into stocks right now are millennials. They're a whole new generation and most of them were not in the market back then
It's easier for rich man to go through the eye of needle than it is for a camel to get into heaven.
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