Many people have, at one time or another, taken some of their hard-earned funds, and decided to place them in the stock area of interest. These well-meaning individuals either acted on a tip they saw on CNBC, or actually believed a type of crazy faxes/emails having said that XBXB @ $0.17/share was the next Microsoft. These people thought they were being smart, but they probably just have been lining the pockets of brokers and mutual funds when they lost money to their 'investment'. I know, because I've done it, too.
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July 2019
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