No results were gained, and the mine fell into the hands of shrewd swindlers who have been selling worthless stock.
"People have worthless stocks in their portfolios," he said.
But we pointed out that 'blue sky' is also a criminal term for worthless stock and that fooled them.
But that was before the Amex realized just how much volume a worthless stock can generate.
Sales of worthless stock had been halted on May 6.
They may spread false information to promote worthless stocks.
Weiss took control in 1993, and with several confederates bought up worthless stocks and mortgages.
While cotton production expanded throughout the 17th, 18th, and mid 19th centuries, a largely worthless stock of cottonseed grew.
If that happens, then he will be holding worthless stock at the end of the game.
At the end, he had worthless stock and owed WorldCom more than $400 million.