Grapefruit USA Inc (GPFT)

[madtig6]

stockmaster-well, you have kind of proved my point with your example

"He later regained his composure and proceeded to drop another $30 grand on yet another penny stock scam"

And I guess this was the new CEO's fault too, eh ?

The point I've been trying to make is not to condone what Dean Janes did or said. IF he was attempting to hoodwink investors for his own personal gain ( and I'm not conceding that he WAS doing that) then it is a personal failing and MAYBE even a crime. A crime that is burdensome, time consuming, emotionally difficult, and expensive to bring to the judicial system - which is the ONLY way it can be proven.


There are lots of people here who lost money. I feel badly for them, but to point the finger at Mr. Janes and claim victimhood is just not enough. There is the personal responsibility related to getting into a speculative stock without knowing what they were doing.

Now THAT is the equivalent of going to Las Vegas without being a professional gambler who knows what he is doing, and claiming the house cheated them because they lost money.

They shouldn't have been in the casino to begin with.

I haven't heard many (if any other than myself who admitted an error in judgment)) who are taking personal responsibility for getting in over their head, due to ignorance or lack of experience on their part.

That's where I see the cause to lie for their losing their money.

They took a gamble and lost to the house.