FriendFinder has no friends on Wall Street; Needs IPO to stay afloat

InfoGuy · 2008-12-27, 07:49 PM

Take your pick.

1) Some people turn a blind eye to greed.
2) Some people believe in the bigger fool theory that someone else is more stupid and will buy their stock at a higher price.
3) Some people have been brainwashed into thinking all IPOs make money.
4) Some people foolishly do anything their brokers tell them, without knowing some of these brokers will sell any garbage to generate a commission.

2008-12-27, 07:49 PM	#7
InfoGuy I want to set the record straight - I thought the cop was a prostitute Join Date: Jul 2008 Location: Los Angeles Posts: 297	Take your pick. 1) Some people turn a blind eye to greed. 2) Some people believe in the bigger fool theory that someone else is more stupid and will buy their stock at a higher price. 3) Some people have been brainwashed into thinking all IPOs make money. 4) Some people foolishly do anything their brokers tell them, without knowing some of these brokers will sell any garbage to generate a commission.