TSXV:AAA.P - Post by User
Comment by
gaggersezon Feb 19, 2014 10:44am
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Post# 22224791
RE:So...who are the greatest fools
RE:So...who are the greatest foolsledrog wrote: With penny stocks the `greater fool` analogy is perfect, because without earnings and with the float constantly expanding....nobody thinks they're the greater fool, they're convinced others more foolish than themselves will show up to buy their shares for even more than they paid.
The problem with zero revenue penny stocks is dilution of course, with an ever expanding float the competion for buyers often just drives the PPS lower and lower as bagholders seek willing fools in competition with the shares being added and dumped into the market.
JUSTIN...... READ THE ABOVE...... duh..... why are half the pumpers gone....?