The lesson is the spec market is nothing more than a ponzi...

  1. 970 Posts.
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    The lesson is the spec market is nothing more than a ponzi scheme. Those who get in early and get out during the speculative phase do well. Those late to the party get left holding the bag. The majority of posts are ramps or just caught up in the enthusiasm of the spec phase, the rampers will be long gone once the price has collapsed despite their earlier posts of magnificent fundamentals. For every Sandfire there's 99 dogs.
 
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