BETS: Absolutely "CashDevil"; well put. Most of these OTC-listed companies are mere garbage and an illusion of a legitimate enterprise created by the scam-artist CEO's of shell companies in business solely to print stock certificates to enrich themselves and their paid posters who spew nonsensical fairy-tales about the company.
These people prey on individuals' main emotion: FEAR. The first entice you to buy stock in a worthless company by stimulating an investor's fear that they may miss the next greatest thing that can literally overnight turn a $2,000 investment into a $50,000 profit, so the greed instinct kicks in and the would-be investor buys the shares the pumpers are selling - yes the same shares the pumpers initially purchased in the triple zero range they then sell to the investors as the next greatest stock pick in the double-zero range.
Then, once the pumpers liquidate all of their shares at a ludicrous profit, they then reverse course and start trashing the stock they once touted all the while shorting the stock and creating a selling panic, once again preying on the fears of investors that they will be trapped. These poor SOBs then liquidate their portfolio, usually in the triple-zero range at a fraction of the price they purchased it. This conveniently allows the pumpers to repurchase the shares they shorted obtaining a second wave of profits covering their short position.
RINSE - REPEAT - REDO ALL OVER AGAIN.
Such is not the case with Seaniemac International Ltd. (BETS); a company with a REAL BUSINESS PORTFOLIO, one that is ACTUALLY GENERATING REVENUES, and updating shareholders with substantive news of value.
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