Yes Janice,
That is truly sad. I think that's why we speak out. I believe I said before, I know one ex-PCBMer, widower, 66 years old in New Port Richey. Put every dime he had into PCBM at .22. When his ship didn't come in, he was left to drive a cab. Hocked about everything and when his computer crashed he was writing me from the neighbor's computer. Very sad. Stan has been in contact with some who lost their homes, their marriages, whatever. One could make the argument that these people deserve to lose everything for being so stupid and their mentality is why they are broke. You would be correct, but that's not the point. It is scammers like the pennystock managers or the pumpers that prey off these people. These con men take their life savings and more by offering them the huge payoff that will make them rich. A once in a lifetime opportunity. You know, the boats and fancy vacations, Mercedes, whatever. Sipping penis Coladas on the Isle of Bali from the deck of their yacht. They offer up an illusion. To those of us who are financially OK, we play the market to make a few bucks or as a game. Even if we do it to earn an income, we never allow a single stock to become an emotional issue. We harbor no illusions of infinite wealth from a single penny stock. Odds are better by throwing your life savings at the roulette wheel.
What do I know?
Geo.
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