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S&P 500
5,815.03
(
0.61%
)
US TECH 100
19,792.40
(
0.29%
)
Dow Jones
42,863.86
(
0.00%
)
Brent Oil
77.35
(
-0.15%
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Bitcoin
64,926.00
(
3.31%
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Post# of 358507
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jb1967lbk

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jb1967lbk

Re: Jim Bishop post# 251872

Sunday, 06/08/2008 8:28:39 PM

Sunday, June 08, 2008 8:28:39 PM

Post# of 358507
A little more perspective on the numbers...

There are approximately 110 million households in the U.S. right now, give or take a million or so. Roughly 50% of the households in the U.S. have some form of equity ownership in one or more publicly traded companies here in the U.S.

Certain parties have gone to great lengths to tout the "strength" of a shareholder base that's 40,000 strong... never mind that most of those 40,000 can't find their asses with both hands. Those 40,000 investors represent less than 0.1% of the active investing public. And they got suckered by one of the most blatant stock scams the world has ever seen.

So why should anyone in authority listen to them?

"The penny stock investor may be the most dangerous creature in the investment world, at least to himself.[...]His hypocrisy becomes most apparent when he then blames his losses on the greed of others." Robert C. Dugan, Director - JRM Capital

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