Dave Ramsey doesn't advocate investing in individual stocks, and certainly doesn't advocate investing in penny stocks, so I wouldn't toss his name into this discussion in regards to building wealth. Dave Ramsey advocates living debt-free in order to free up income to invest and produce wealth. Penny stock investing doesn't fit into his program, anywhere. One could say that's the most asinine thing you've ever posted.

Dave would say that you and I both are fools for investing in a penny stock, along with those who buy lottery tickets, invest in gold, and work their entire lives spending everything they make.

All of my shares are 100% owned by me. There's enough risk in this investment already without the added risk of borrowed money.

Dave wants to buy AMBS shares on margin. He has posted many times he will do that as soon as the option is available to him. I suppose by your definition that makes him a fool as well.

Now you're going to tell us that there's a difference between borrowing on a credit card or home equity line of credit to buy shares, vs. borrowing the money from your broker. You certainly don't want to make Dave look like a fool, so perhaps you can modify your definition to allow for Dave's forthcoming foolishness.