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Friday, January 21, 2011 8:20:34 AM
That doesn't mean there aren't trading opportunities, but the big losers are usually the new investors who think of these stocks as true long-term investments, instead of the gambles that they are.
Bingo! Truer words have never been spoken.
It's those folks that I hope to educate before they take a big chunk of money and "invest" it in this company. I don't care if people who know what they're doing play the pennies and make cash flipping them around, but naive people who look at the hype and BS PRs and think they're truly 'in on the ground level' of the next big thing are the ones who get screwed and lose the most, due to their naivete. The scammers who take advantage of and abuse that lack of knowledge are predatory scumbags and don't deserve a break on any level.
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