Dave, a friend of mine listened politely to my explanation of how a multi-tiered marketing system I've signed up for works, then told me rather bluntly that it was a ponzi scheme and that I was being ripped off. I didn't really understand, though it was clearly some sort of scam or another. What is a ponzi scheme?
I got a so called business opportunity a few weeks ago on a company that is supposed to give 1000-2000 times returns. I did not go overboard and I did like the company the PR person was selling. Since I bought the stock (there was about 3 million sold in 3 days) the stock has had limited liquidity. In fact 0 buying most days. My question is is this a good or bad sign?
