You keep repeating the same strawman because you cannot address the actual point. Nobody said early investors are automatically responsible for later investors losing money. The issue is when people knowingly promote garbage while ignoring dilution, toxic financing, fake projections, and fluff PRs just to keep volume flowing.
“Go change the rules” is another weak argument because the rules already exist. Securities fraud laws already exist. SEC enforcement already exists. Market manipulation rules already exist. Pretending none of that matters because “people choose to buy” is absurd.
And the “you must have lost money” line is usually what people say when they run out of facts. Criticizing a company’s filings, dilution, or business practices does not mean someone lost money. Sometimes it just means they actually read the filings instead of cheerleading every press release.
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