a good lesson for all in the small cap area, page-35

  1. 2,186 Posts.
    Very few will ever heed the lesson.

    They'll still be blinded by brokers buy recs on companies they've ran placements and capital raising for (no conflict of interest there).

    And they'll get all hyped up on outrageous posts by crazy spruikers on this site.

    You only have to look at NEN up to the drill result. Some of the stuff being said on that thread was disgraceful in terms of risk management, but people were lapping it up and in the next sentence they talking about what they were going to do with the big NEN windfall.

    Then anyone playing devil's advocate was howled down.
 
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