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hedge_fun

05/23/12 7:38 AM

#25952 RE: Risicare #25948

Unsurprisingly you completely missed my point. It had nothing to do with Mr. Market, little to do with whining and everything to do with hypocrisy and small cap fraud.



My point was about price and whining, and you responded to it. I have seen companies that had real products and real revenues called scams, frauds, etc. The revenues my have been close to nil, but it was still real revenues (though small) and real products. The product wasn't/isn't in high demand and the books reflect that fact. That doesn't make a stock a scam.

FB has real revenues and a real product. I don't see it as a scam, and I am not whining about it. I think it's absolutely hilarious that the media suddenly is talking PRICE when everyone knew the IPO was priced at 100 times earnings.

The market are about PRICE......PERIOD. If every penny stock you and others claim are scams were priced at .0001 with no bid wouldn't that be the market working itself out? I say let the markets work just as it is with FB.

I know that doesn't fit the template though.......ie, all pennies are scams. But isn't the point behind all those stocks you and others call "scams" to get the best PRICE for the shares? Wasn't that the point of pricing the FB IPO?

What should someone do if they come to this board and realize based on someone's post that XYZ company was a "scam" and the shares are worth a lot less than they paid? Should they take a complete loss or get the best price they can for their shares on the open market?

Should they go straight to the ticker board and warn everyone they can they are about to sell their worthless shares and BUYER BEWARE? Just curious because I see BUYER BEWARE posted all the time, but never SELLER BE FAIR.

The reason I ask was to my original point, which is the markets are about PRICE......PERIOD.