4 hot stocks that flamed out

Might as well join the party.  MSN doesn't seem to care:

 

SPAM SPAM SPAM SPAM........

I lost every cent invested into Nortel.  It was supposed to be Canada's High Tech Telecomm darling.  value of the shares dropped to zero.

Next, I invested in Thermotech that was supposed to compost organic waste and produce fertilizer on a grand scale.  Who couldn't think that was a great idea.  Company went bust, taking about $10K of my investment.

The article should mention solar energy as the latest thing that has gone bust.

I predict Facebook will be next, however by this time, investors have gotten smart.  There has been no bid-up on the shares.  They've headed straight down (as they should) since the IPO.

MSN keeps thanking me for reporting the spam, but does nothing about it.

At the rate Netflix is going they will be next on that list.

next? One word "Facebook"

nuff said

Of course there are many, many more. I lost 85k on an upstate next best thing stock a few years ago,  but what eases the pain, and I don't think the article even mentions, is that you can keep that capital loss going forward (on taxes) up to 3k a year. 

IPOs are not for the little trader or faint of heart.   Wait until they show their real colors before investing any serious amount of money.

Alvarion ALVR was also a "hot stock" promoted by the hucksters.  From over $20 to 38 cents in a few years.  I'm sure the Wall St. sociopaths made fortunes from shorting this dog of a stock while promoting it as a wonderful investment for the naive schmucks.  More of the same old ****...

There is no SAFE HAVEN in stocks! You pay your money and give it your best shot!

There's only three that flamed out! DJIA, NASDAQ & S&P!!!!