WinStar Gets in the Microshare Business

[jms62]

Originally Posted by Dahoss

You’re a very generous guy. I shouldn’t have to explain to you why an organization that pretty much prints money like WinStar probably doesn’t need to be fleecing unsuspecting people. Essentially, they are (through the investment group) charging people desperate to be involved $50 for what amounts to text messages about how the horse they “own” is doing.

This is a money grab. The valuation is okay I guess, but how many of the people that are going to pay their $50 know the horse was just purchased for $110,000 three months ago?

Those people "Investing" the $50 just diversifying their "portfolio" instead of investing all in "Stop the Steal".