Michael Lim asked: What do you think of the 3 stock Blumont, Lion - TopicsExpress

Michael Lim asked: What do you think of the 3 stock Blumont, Lion gold and Asiason? Is it another fraud case or financial loop hole for evil businessman to exploit? REPLY I do not know the details of these three stocks. I wish only to make my comments in general terms. Investing in penny stocks at prices beyond their real value is worse than gambling in a casino, as you are gambling against people who are able to manipulate the prices to their advantage. It is like gambling in a casino where the operator can change the rules to their advantage. If you want to gamble, go to a casino where the rules and operations are supervised. And it is still highly risky.

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