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Forget about capturing monkeys and the stockmarket


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#1 dcengr

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Posted 23 February 2008 - 02:11 PM

Ant farm scam

If this isn't an indicator that we're at a market top, I don't know what is.
Qui custodiet ipsos custodes?

#2 Rogerdodger

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Posted 23 February 2008 - 02:26 PM

"This family put it's whole life savings into these boxes of ants" Same story in US: replace "ants" with "real estate" Instead of "Amway" try "Antway". Try selling that door-to-door. (Does anyone still raise emus? How about ostrich eggs for thousands of dollars? Chinchilla farms in your basement?)

Edited by Rogerdodger, 23 February 2008 - 02:33 PM.


#3 ONEGOAL

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Posted 23 February 2008 - 03:05 PM

if news of every scam market a market top, there would be a market top every other week. A fool and his money are soon parted. A sucker is born every minute.. ad nauseum

#4 mike123

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Posted 23 February 2008 - 10:21 PM

I have an office worker from India. He keeps telling me to buy Indian stocks. He told me Indian funds quarantee 50% return every year. He tried to buy the new energy company IPO, but told me people can only get 10% of what they asked for. The IPO dived right after open. They were given free shares as compensation. They didn't know the bonus dilutes their existing shares. These people have Master degrees. Lots of fraud going on in China. Especially in medicine. China has its own problems.

#5 Rogerdodger

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Posted 23 February 2008 - 11:34 PM

These people have Master degrees.



That's why knowledge and education have little benefit when hope or desire rules.
People don't buy lottery tickets because they don't know their odds are zero.
People don't charge their credit cards to the max because they don't know rates are too high.
People don't smoke because they think cigarettes are good for you.

People are funnier than anybody.

Edited by Rogerdodger, 23 February 2008 - 11:40 PM.