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Uncle Melvin

09/28/18 1:10 AM

#351801 RE: cervelo #351800

I calculated the average investor spent about $500 on CMKX and many got not only thrills and excitement, learned valuable lessons in investing. Many progressed to stocks that paid dividends, sadly others wasted decades in stocks like Shore Gold, investing at close to $10 and watching it drop to 20 cents.

WHY?

In every practical sense investors in these stocks are losers. They need desperately to believe in something so they join a club like this one. The trick is to keep the suckers from selling. They believed and still believe that to sell is to give up on the dream, even if you can make 100 times the money back.

Barnum and Bailey created an empire catering to the whims of the uninformed and misguided. This thread will be around until the last investor drops and none will be the wiser.

G'nite from the northern prairies...