I agree completely but on the otherhand you need lots of mug investors so that smarter investors can profit especially at the spec end of the market.
In the majority of spec stocks most people lose unles a stock rises slowly for many years. It is just a game of parce the parcel. For me to win usually someone has to lose so if I have gained nothing else I at least know their are still lots of mugs still to be fleeced
FDM Price at posting:
$1.13 Sentiment: None Disclosure: Not Held