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Alias Born | 05/06/2016 |
Friday, January 20, 2023 6:58:37 AM
Trader's dream and investor's dream are two completely different things with completely different objectives.
Investors want a stock's value to continue rising in the long-term, something EEGI hasn't done since its inception.
Trader's are only interested in short-term gains and many don't care if it's a fraud.
No one's arguing that worthless stinky-pinkies are flipped every trading day, but there's more losers than winners.
Which is why the SEC keeps adding more rules to protect investors. They clearly don't go far enough and prosecution of criminals is rare and feeble and not much of a deterrent.
Steve-o should have been charged with securities fraud. He was already sued for fraud in the Harrington lawsuit.
People have been making and losing money on this turd for 26 years.
Trader's dream maybe, scammer's dream for sure. But an investor's nightmare indubitably.
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