InvestorsHub Logo
icon url

Ed the Trader

01/12/18 12:20 PM

#53725 RE: BoilerRoom #53696

"Nobody will make any money here. Everybody that bought 0.0001’s can just figure they threw their money in dumpster."

Sure... unless they figure out how to get their money out by selling at $0.0001 before the reverse split comes, their money is gone.

However, I once got a bucket of $100 worth of quarters at a casino and started at one end of a row of quarter slot machines. I put quarters in each machine until it paid something. Then, I moved to the next machine. The only entertainment value was to see how far I could get without running out of quarters. For a while, I was probably up $100 but walking out of the casino with a profit was not my original objective. I kept feeding slots until the last quarter was gone.

I didn't get to all of the machines, but I got through probably 75% of them. The whole point was that I was on vacation and bored, so $100 was cheap entertainment for a short while. Then, I could say I did the casino thing and not wonder about it. Almost no one ever comes out ahead at a casino. If they did, the casinos would go broke.

Same for DNAX...