I said early on that you shouldn't invest if you don't trust the people running it, and clearly they've burned through their trust at this point.
I hear ya, but greed gets in the way for most people, and when Mabsark and crew get on here and psot 1/2 page posts with tons of math that ends with "you'll be rich!", people go crazy.
Looking back, it's always easy to see. But, when you are in the thick of it, it's difficult.
Everyone here says I'm FUD, but even I was late to the realization that incompetence and lying are a terrible mix for this type of company in this type of economy. I was lucky, I got out after the 5th or 6th lie/broken promise. But really, why did it take 5 to make me start questioning this?
In the end, we can only learn from things like this, but I sincerely hope that someone DOES learn from this experience.
yet, I see people buying...
I hope lots of people learn. Im happy with my purchases of this and other stocks, I'm a seasoned investor and dont get scared off by a shakey market.
Who in their right mind takes some guys on the Internet gossip as solid. Do some due diligence of your own whenever investing and never Invest more than you can lose.
People paying above and beyond what this is worth are only looking to make a quick buck, most of the people on this seem to have lost money.
Stocks rise and fall every single day, these ones just tend to jump alot quicker. Fees are low and the market is weak.