Wednesday, March 10, 2021 2:03:22 PM
Thanks for sharing over here with the guardians of pennystock galaxy.
More to prove a point on my part -- and maybe make some money too.
The folks out there buying this crap -- for lack of better words -- don't give a crap. Most of them (myself excluded, of course) are complete idiots. A lot of them probably couldnt explain what "market cap" is, or what "book value" is, etc.
Think of it this way. Suppose you knew BRE-X was a scam all along (I'm assuming you're familiar with the BRE-X scam, if not just wikipedia it)
So BRE-X goes from pennies to say $50.00 and you're like HOLY HELL, DONT THEY REALIZED THIS IS A SCAM??? IM GONNA SHORT THIS TURD TO NO BID.
...but, BRE-X just keeps climbing (went to a high of ~ $285) cuz the fools just keep buying.
as they say : MARKET INSANITY CAN / WILL OUTLAST YOUR LIQUDITY.
A few years back when I was being treated for cancer in Southern Calif I bought a stock ~ .003 and the iHub page had a CEO's mug shot and articles about what a fraud he was, etc. Anyway, that guy pawned off the shell to some other scammer and the stock went to .08 cents.
I learned a valuable lesson back in the late 90's. I bought shares of a stock at .015 cents and it was clear to me the CEO was a liar and scammer. I bashed that stock on RB so much the CEO came onto the thread to defend himself. I kept bashing until that stock hit around .50 cents then sold my shares and used the money to buy my oldest son a small condo and car and help move him out (and still had $$ left over). The stock continued to trade for years (never got higher than my sell zone) and eventually the CEO failed at everything he promised and the ticker was eventually delisted.
The owner a new car dealership that I worked for as a salesman in the 70.s confronted me numerous times and told me to stop being so smart... he literally said: BE DUMB AND MAKE MONEY.
Been watching guardians of the galaxy hating on stocks that are doing 20 - 30 baggers
... and, it could turn out they are 100% correct. The stocks they bash may be delisted - THAT WOULD NOT SUPRISE ME A BIT -- but in the meantime .... stupid is as stupid does and folks will be on those shitty stocks and assume the risks.
More to prove a point on my part -- and maybe make some money too.
The folks out there buying this crap -- for lack of better words -- don't give a crap. Most of them (myself excluded, of course) are complete idiots. A lot of them probably couldnt explain what "market cap" is, or what "book value" is, etc.
Think of it this way. Suppose you knew BRE-X was a scam all along (I'm assuming you're familiar with the BRE-X scam, if not just wikipedia it)
So BRE-X goes from pennies to say $50.00 and you're like HOLY HELL, DONT THEY REALIZED THIS IS A SCAM??? IM GONNA SHORT THIS TURD TO NO BID.
...but, BRE-X just keeps climbing (went to a high of ~ $285) cuz the fools just keep buying.
as they say : MARKET INSANITY CAN / WILL OUTLAST YOUR LIQUDITY.
A few years back when I was being treated for cancer in Southern Calif I bought a stock ~ .003 and the iHub page had a CEO's mug shot and articles about what a fraud he was, etc. Anyway, that guy pawned off the shell to some other scammer and the stock went to .08 cents.
I learned a valuable lesson back in the late 90's. I bought shares of a stock at .015 cents and it was clear to me the CEO was a liar and scammer. I bashed that stock on RB so much the CEO came onto the thread to defend himself. I kept bashing until that stock hit around .50 cents then sold my shares and used the money to buy my oldest son a small condo and car and help move him out (and still had $$ left over). The stock continued to trade for years (never got higher than my sell zone) and eventually the CEO failed at everything he promised and the ticker was eventually delisted.
The owner a new car dealership that I worked for as a salesman in the 70.s confronted me numerous times and told me to stop being so smart... he literally said: BE DUMB AND MAKE MONEY.
Been watching guardians of the galaxy hating on stocks that are doing 20 - 30 baggers
... and, it could turn out they are 100% correct. The stocks they bash may be delisted - THAT WOULD NOT SUPRISE ME A BIT -- but in the meantime .... stupid is as stupid does and folks will be on those shitty stocks and assume the risks.
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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