Great post...people must get better at the game. If one takes the time to look at a company's historical price, look at the message board flow and number of total posts and number of recent posts and who the posters are, get the real, t/a verified o/s vs. a/s amounts, one can make a lot of money in these pinks and BB's.
Is Matt guilty? Maybe. Maybe not. That's for the courts to decide. If he IS guilty, how many people here, really, would be surprised? I would only in that he has/had a successful business and I wouldn't think greed would cloud his mind. But who knows? Maybe he was being threatened by that group if he didn't comply. Maybe he is innocent and those dolts like Panetta et al just threw him under the bus for whatever reason.
No matter what, it's just another in a long line of pinky fraud, and it won't be the first bust and it certainly won't be the last. I feel for people who lost money in the transactions of those companies listed. But hey, you wanna dance you gotta pay for the music. My guess is that greed took the investors over too. Been there done that.
I do however question the sanity of those guys charged. Tsk, tsk...Greed is a terrible thing...
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