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As someone with investment licenses...
Jan 24, 2008, 23:15
1.
As someone with investment licenses... Jan 24, 2008, 23:15
Jan 24, 2008, 23:15
 
As someone with Series 6, 7, and 63 investment licenses, I would consider "investing" in a "Virtual World's Company" to be downright ridiculous. This isn't being said in any bias whatsoever, as I've been playing pay-to-play online games since the original Neverwinter Nights in the early 90s before 99.99% of people who are currently obsessed with online games ever heard of them.

That being said, online games that actually do become successful are rarely profitable for over a few years, and follow-up success is often even rarer. Investing capital in a company that will have major stock fluctuations, usually on the bear side, in a few years time is a horrid strategy. Would have a hard time explaining suitability if you were investing on somebody else's behalf as a broker, probably to the extent of fines.

But then again, there is a sucker born every minute, look at the dot.com bubble burst.

Date
Subject
Author
 1.
Jan 24, 2008Jan 24 2008
As someone with investment licenses...
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Jan 25, 2008Jan 25 2008
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Jan 25, 2008Jan 25 2008
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Jan 25, 2008Jan 25 2008