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Re: Hestheman47 post# 7892

Sunday, 12/29/2024 5:23:14 PM

Sunday, December 29, 2024 5:23:14 PM

Post# of 8268
Ok, so you don't think that those with 1,000s of followers were part of the problem? They knew that they were going to take the gullible investors' money but the problem, in your mind, is that the newbie has to accept all the responsibility. Did I get that right?

Because the markets have rules, i.e. NYSE and Nasdaq - the OTC should be labeled as a rogue market? Maybe with warnings for anyone who tried to place a trade? I.e. "you are about to buy a myth?" I'm guessing you are against warning newbies with dreams of gains promoted by those with 1ks of followers that this might not be good?

We should have no protections so that we can take their money? I think that's what you want?

It's why we have "regulated" markets, whether here or in Europe/Asia. I've had experience with foreign investors and they want NO PART with the OTC. they see it as a casino.

Maybe we should do away with warnings at street lights? Just take your chance and see how it works out? Or do you have a line you draw at some point to warn people they are making a bad decision? Like all scams, do you want to return to a day when a poster can promise or allude to huge profits?

With the caveat, of course, that they are not a financial advisor so that they can claim....innocence. And in your mind that's what would mean a resurgence of the OTC Pink boom? I've been watching some of the big dogs and the market has figured them out.

I don't think you can find enough gullible newbies to fill your coffers with ill-gotten gains. JMOP