ponzi

MarvinMartian MarvinMartian BABA, 5, Short , 2 years ago
BABA: The whales have exited the building & they thank the bagholders!
134 0 5
BABA, 5 Short
The whales have exited the building & they thank the bagholders!
Based on the literal description of Ponzi scheme... you can basically say that any IPO is a ponzi. The first in, get the biggest profits because they sell to the last in, that are the bagholders. Those millionaires and billionaires sure do thank you, the commoners, from the bottom of their greedy black ...
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