Quote:
Originally Posted by PornMD
It's pretty similar to HYIPs. You either make money or you pretty much lose it all, and you have no idea which will happen. You might think you're smarter than everyone else but you're not.
My brother fell for an HYIP once, got bilked for a few grand of money he couldn't afford to lose, and the person running it was found and arrested...and it was a 17 year old kid. There's already been a 60-minutes show about a kid doing the same thing with penny stocks, cept I think he was even younger, like 14 or 15. Do you really want to be the idiot that flushed your savings down the toilet to some punk kid?
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Sure, but as I understand those, that's people intending to buy and hold securities touted to have some pie in the sky long term return percentages that just don't make sense.