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<p>[QUOTE=&quot;fatima, post: 1448392, member: 22143&quot;]The reason that you are asking Why? is because you falsely believe the investing environment has changed little.&nbsp; Over the last 25 years there has been huge change, absolutely huge, ranging from everything from direct access to the markets via the Internet, the repeal of Glass Stegall (which had a huge effect on the investment banks), regulation change, and now as I pointed out above, outright law breaking which means that YOU the common investor can&#039;t judge risk.&nbsp; </p><p><br /></p><p>Facebook&#039;s underwriters did not report Facebook&#039;s own estimates for growth and reported numbers much higher at issue time.&nbsp; They did however pass this information own to their &quot;special&quot; customers.&nbsp;&nbsp; The IPO occurs, the stock gets bought up by common investors (directly or indirectly), then it falls a huge amount when the facts come out, and then the &quot;special&quot; customers move in and clean up.&nbsp; </p><p><br /></p><p>Years ago, people would be thrown in jail for this as the rules say you can&#039;t do this.&nbsp;&nbsp; However now, there is no enforcement, no regulation and not one banker tossed in jail.&nbsp; If you wish to believe this environment is the same as it was 25 years ago with all this said, then this is certainly your right.&nbsp;&nbsp; IMO, you have less risk with gold and silver, what this forum is about, and why these continued &quot;adventures&quot; by Wall Street means positive things for bullion investors.&nbsp; </p><p><br /></p><p>I hope this clears it up for you.[/QUOTE]</p><p><br /></p>

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