iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,473 Blog Posts

Social Media Dogs Are Running

These scam stocks are diverging greatly from the Mother Hen, Facebook. While Facebook makes all the money, these other miscreants take up space with false hope and empty promises.

There was a time when YELP, ANGI and P meant something to the world. They offered excitement and growth and the American way. Then we came to find these companies to be nothing more than VC promoted Ponzi schemes and investors became reviled by them.

Today they’re running higher. Color me skeptical.

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Aside from Facebook, what are the reasons that would cajole investors to own the above stocks? They’ve proven, without a shadow of a doubt, that they’re unable to operate efficiently as stand alone entities. Nonetheless, a new sucker is born every day.

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2 comments

  1. uglyflint

    Dum ass day traders at Goldman probably bored, playing games and tidlywinks. Waiting for their big bets to payoff on ncaa game tonite.

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  2. it is showtime

    scam stocks ponzi schemes indeed

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