Tuesday, January 24, 2012 10:52:17 AM
As it relates to what we're seeing here with TBSS.
1. A new company is created via R/M with a shell. Spinelli R/Ms TBSS into ANSH.
2. This new company has no provenance, therefore no DD can be done on it. Noone can substantiate Spinelli's history or claims.
3. The CEO, however, usually has a less than admirable bio. See UTRM!
4. The CEO makes claims of past accomplishments which cannot be verified. Ex. Reduced energy consumption in the Tristate area by 30%!
5. The stock gets heavily promoted by "third parties". Over $100,000!
6. The stock then gets noticed by individuals traders, who begin to post heavily on message boards. IRPS galore.
7. The stock gaps up on the first day of trading as a result of buying pressure. Did that.
8. The stock hits it's HOD before 10:00 and drifts down the rest of the day. Did that, too.
9. There is a great wailing and gnashing of teeth as people realize they've just been a victim of the Pump and Dump.
"Give 'em the old Razzle Dazzle.....razzle dazzle 'em"
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