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Re: oldtimer1968 post# 1038

Saturday, 10/30/2010 5:17:46 PM

Saturday, October 30, 2010 5:17:46 PM

Post# of 5284
oldtimer1968, "...you have to get it from somewhere else."

Yeah, as I said, you get your profit (win) from someone else who buys your risky stock and ultimately loses their money because of it.

Therefore it is NOT a zero-sum game. Someone wins-someone else loses. The person who loses is then out of the game, possibly permanently. Therefore the number of potential players is reduced by half. Ultimately, there will be only one left. This is all hypothetical, of course.

My point is, which apparently you missed, is that the only way you can win with THIS stock is to deceive someone else into buying it from you. The old "Greater Fool" theory at work. There is NO REAL VALUE here so therefore the "player" has to invent and sell a pretense of value in order to complete the transaction by convincing the loser to buy in. The word that comes to mind is lieing.

Anyone who has studied investing for profit, or even read a good book on the subject, already knows that the TOP THREE GOALS of investing are:

1) Capital Preservation
2) Capital Preservation
3) Capital Preservation

On the other hand, if you view this as only gambling, then you should also realize that "the house ALWAYS wins". Therefore, if you are NOT the "house" you have NO CHANCE of winning here. Again, a hypothetical explanation.

Look, I just said my piece here, more or less as a warning, to those who are blinded by the dollar signs in their eyes. This stock isn't worth a "tinker's damm" so to speak. It is neither an investment or even a reasonable speculation.

All just my opinion...

Got to go now... Good Luck!

VV

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