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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Brasco One who wrote (18747)2/21/2013 9:45:19 PM
From: Cautious_Optimist  Respond to of 18998
 
I am confused too.

MLM is more religion than business IMHO. Greaterfoolism coupled with dubious accounting and tax tactics.

Hmmm, maybe big religion is a... business enterprise, too. I wonder, does Bovada have Pope futures??? Can I sell naked LDS puts and would they have that magic underwear so they aren't really naked?? :-)

Mr. Loebs Yahoo! call was truly prophetic; maybe we are on to something. He could buy a network and start a $700B Club.




To: Brasco One who wrote (18747)2/22/2013 11:38:08 AM
From: StockDung  Respond to of 18998
 
I was one that was baffled especially when he tried to pawn this off as a value investment.

Its something like a Rafi Kahn would do.

The company said 88 percent of its distributors received no payments in 2012, including 71 percent who did not recruit any other distributors. The rest of them potentially recruited other distributors but did not make money because the recruits did not sell enough products.


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