It’s all a gamble and investors know it. Buying these tickers is like taking $20,000 and playing 10,000 hands of $2 blackjack, you may win many hands but you will eventually lose the $20,000 over time, and no agency can tell casinos to stop and gamblers not to play.
Pump and dumps are different, they post you will lose your money in the disclaimers meaning you have a better chance at the casinos. If you spend $1,000 on 20 different tickers ($20,000) you will lose eventually and if you play 10,000 hands of $2 black jack you will also eventually lose. If you bet on the long shot horse and it comes in last do you blame the horse? If you spend $1,000 on lotto tickets and lose do you blame the machine?
Casinos say COME IN YOU COULD WIN $5,000,000 (Could win)
Lotto says you can’t win if you don’t play. (Implying you have a chance)
And tickers say they intend to succeed but likely won’t and investors will likely lose all their money.
Stock tickers are the same as the warning on cigarettes,
WARNING if you smoke you can die
And tickers say
WARNING if you invest you can lose all your money
The only way to win is not to invest. The SEC can't stop people from investing in scams and they cant stop anyone from taking $1,000 and tossing it in the air into a crowd or even shredding it to pieces. The fact is investors have to know what they are doing and the ones complaining are the ones who keep buying into these tickers over and over knowing the outcome.
If you look at the authorized, the debt and the revenue you can see for a fact you will lose all your money. But no one looks at data; they look at the shiny pretty PR news release. And investors believe what they are told. Sorry to say they are just gambling their money away.
