Replies to post #4413 on The Jailhouse (JAIL)

[Bird of Prey]

Maybe everything isn't a scam in that universe, but you're better off starting with that assumption.



Do you always see the glass as half-empty?

Quite frankly, I agree that a large number of Pennies/Microcaps (gotta have a new distinction since the tech collapse, eh?) aren't worth the paper they're printed on. But I look at it this way. It makes it pretty simple to eliminate a large number of issues from consideration when reviewing P/M's. Check out the few that remain closely, pluck down some loose change and see what happens.
I liken it to playing Blackjack, except I don't have to get on a plane and book a room in Vegas!
I've made a pretty penny (pun intended) or two this way. I don't follow alleged "gurus" of either side (I certainly won't pay one $600-$1000 a month for the privilege!). Occasionally I'll play something I've seen in a newsletter, but very rarely does that happen.

One thing that "bothers" me about the so called altruistic intent of so many bashers and those that support them. In spite of your commentary about "saving hoodwinked investors" from these "touts"...most of you openly admit to short selling these "scams" yourselves. Pardon me for saying so, but by doing so aren't you taking money from the very people you claim to be trying to help?
We are talking about the folks that didn't get stock in an IPO or other favorable circumstance. Most of these folks bought at the high (or near to it) and lose money as you make it! It makes the claim that you're trying to "save" these folks just a wee bit disingenuous. Throw in how some bashers then taunt these poor folks for "getting taken" and it just makes people *want* to hate you. And to top it all off we have the folks doing these "bashes" as a scam too!
Now before you get incensed Mark, I am not referring directly to you here. I have not read anywhere that you have sold anything short in this arena, you may have but that is your personal business. You are however, associating with some folks that have admitted selling short like this, so since you like to paint with a broad brush, I felt it appropriate to do like wise.

The Bird of Prey