As someone who has had the misfortune of holding this type of scam stock in the past, I have great sympathies for the shareholders. There are all sorts of ways

As someone who has had the misfortune of holding this type of scam stock in the past, I have great sympathies for the shareholders. There are all sorts of ways you can find yourself holding a worthless investment(myself, via the entreaties of an overly enthusiastic and gullible friend) but once you have it, the rationalization machinery is going to kick in deeply, because now you're a sucker, and you really don't want to feel like one. That's why there's often a lot of online noise generated around obviously bad companies like Xhibit - it only takes the slightest big of hope to keep people in as the price plummets.