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Sponge also has a sibling being nurtured ("brewing"), yet to hatch, in VAEV. VAEV mod Soapy Bubbles also mods 113 additional boards...he's got a full plate for sure.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38447238
VAEV pps at .69 - a 100% worthless scam.
I'll check into opening an account there, thanks. Sykes also uses IB and has a great DD post regarding SPNG -
Get ready for a whirlwind tour of what actually matters in Penny Stocks, it ain’t revenues and profits down here in the gutter, it’s supply & demand of shares! (Suckers and manipulators would liek you to believe otherwise, but their HORRIFIC track records speak for themselves (not to say it’s not a good idea to buy pumps, I made my first million buying, now I mainly profit from the short side since it’s more workable/ethical/teachable)
http://timothysykes.com/blog/2009/06/13/details-on-why-spongetech-delivery-systems-inc.-spng-is-a/
One day all these FALSE PROPHIT china r/m scams will nosedive AGAIN. How a 100% scam such as OPAI made it back from the ashes is truly disgusting, but why should I remain disgusted, just short them?
One up you on the LOL -
Check out this SPNG pumper clown? He's the #6 login at Ihub, still preaching "Faith" and professing "paid bashers are the lowest of the low" in his bio.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38780838
researcher - shorting SPNG?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38717035
I've yet to make any serious effort into finding brokers that allow shorting penny stocks. Atrade and Etrade don't allow it which is utter nonsense. One must sign 20 documents, obtain margin account, hold a certain balance minimum, but is NOT allowed to short a 100% scam such is SPNG. The SEC could accomplish 50% of it's task in one fell swoop by demanding EVERY broker allow shorting pinksheet stocks, 99% scams.
Will you share with us any info regarding how you were able to short SPNG? Difficult? Easy? High margin?
TIA
Do you know the Ihub policy toward a poster not only privvy to confidential inside information but also posting it willfully in a public forum? I view that post as criminal. Are you reading "Rob" at the pump and dump SPNG board?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38688988
"Rob" also must be very close to Matt Brown as he is the #6 Ihub member.
http://investorshub.advfn.com/boards/profile.asp?user=6
Posted by: nateeeeee Date: Monday, March 30, 2009 10:25:27 PM
In reply to: nateeeeee who wrote msg# 7996 Post # of 8692
PXCE more
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36682110
PPS propping is simple. Trader A sells to Trader B at $1. B sells to Trader C at 1.25. C sells to Trader D at 1.50. D sells back to A at $2 - and so on.
The prop-perps create volume and pps spiking simultaneously. The trick is to freeze out any outsiders as long as possible. The PXCE chart is the most clear example of the above that one will find.
With the passing of the Sarbanes-Oxley Act in 2002, the courts gave the SEC the ability to distribute disgorgement money (plus interest judged owing on it) and civil money penalties received to the victims of securities law violations through the Fair Funds for Investors provision.
Section 308 -- Fair Funds for Investors
Civil Penalties Added to Disgorgement Funds for the Relief of Victims.
If in any judicial or administrative action brought by the Commission under the securities laws (as such term is defined in section 3(a)(47) of the Securities Exchange Act of 1934) the Commission obtains an order requiring disgorgement against any person for a violation of such laws or the rules or regulations thereunder, or such person agrees in settlement of any such action to such disgorgement, and the Commission also obtains pursuant to such laws a civil penalty against such person, the amount of such civil penalty shall, on the motion or at the direction of the Commission, be added to and become part of the disgorgement fund for the benefit of the victims of such violation.
http://www.law.uc.edu/CCL/SOact/sec308.html
That one is funny.
I'd rather watch them rot in jail then have the money back.
I don't approve of the attitude. Not about the jail part, let them rot, but if it is proven in a court of law they are guilty of FRAUD - you should have a simple case to get your money back.
I.E. They stole your money - steal it back?
http://www.law.uc.edu/CCL/SOact/sec308.html
Section 308 -- Fair Funds for Investors
Civil Penalties Added to Disgorgement Funds for the Relief of Victims.
If in any judicial or administrative action brought by the Commission under the securities laws (as such term is defined in section 3(a)(47) of the Securities Exchange Act of 1934) the Commission obtains an order requiring disgorgement against any person for a violation of such laws or the rules or regulations thereunder, or such person agrees in settlement of any such action to such disgorgement, and the Commission also obtains pursuant to such laws a civil penalty against such person, the amount of such civil penalty shall, on the motion or at the direction of the Commission, be added to and become part of the disgorgement fund for the benefit of the victims of such violation.
http://www.law.uc.edu/CCL/SOact/sec308.html
The WHOLE truth and nothing but the WHOLE truth?
?
?
The only person that *could* do that would be me
So yes, it's possible, just like reading your private messages is possible.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=6037024
abh3vt - china stock valuations -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38482180
you missed HMIN now swinging a 1834 P/E
Yes my HMIN puts are getting killed but I'm persistent.
I'm not following your train of thought here?
Ken is untrustworthy because he came here "trolling for clients" while the group he left from 4 years ago are mostly all indicted now for stock fraud and are somehow still somewhat trustworthy?
Are you ready for me to post the RB link now? The saga continues to unfold, does it not?
I am interested in what is going on in my ihub community and im sure others are as well.
I spoke earlier on this thread of "credible sources" being key in any subject research? Just how many hundreds of bridges did Matt burn (ban) perpetuating his confidence game as laid out in the indictments? How many CREDIBLE SOURCES are no longer a part of the "ihub community"?
I see you did know Ken Scordo -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=6497782
How were you misled into thinking Ken was not a credible source or otherwise missing out on his calling this series of events unfold in real time at RB?
ENHT - continue to buy more weakness at .0101. The seller is relentless and I'm sure it's the "Raptor Fund" bailing for some flying pos china scam like FUQI - absolutely absurd as FUQI's numbers are a pure fairy tale story.
I've never seen a $20M+ revenue producer trade down to a $500K cap? Not even one with horrible numbers of which ENHT does not have.
BPTR - They tend to make a profit in Q1 and Q2,
so I may sell before Q3 results come out
in October or November, 2009.
Yes for the past 2 years BPTR has loaded the uglies into the latter half of the year. Still impressive numbers and imo slightly better numbers than PWEB trading some 50% higher in pps.
I am truly at a loss for words here, janice.
What would Jayna Boyle have possibly had to gain in starting a "rumor" when she wrote that gosanangelo link? What would Ken Scordo possibly have had to gain by passing on a "rumor" created by Jayna Boyle?
Jayna Boyle's piece was NEVER a rumor! Any "rumor" nonsense was about feeding pidgeons.
Credible sources is key. When I read the paid basher list of rules directed at you or when some new tout agency issues a buy-alert on a scam that has just increased tenfold, one must consider the source.
Who was the source of writing the gosanangelo article? Who posted it up on the web? Did you read shortinthesand's post below in it's entirety?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38291248
HSM is the only site I know of. Investor village's "stock-specific" boards do not allow mods of any kind - same with RB. I don't know Agora.
And why would they have started the rumor?
That's the 64K question. The 3 links might assist in seeking the answer. You let me know when you are interested in my posting them without fear of post zapping?
I heard the rumors too. Like them, I dismissed them as nonsense.
janice, the gosanangelo link and accused therein was NEVER a rumor! Those that dismissed the gosanangelo link as "rumor" in the past may well be easily fed more nonsense in the future? Agreed?
A great many sites are far friendlier to pumpers and promoters than IHub is.
Indian stated, "most owners are not frauds" which is a correct statement. You stated the above which is wrong. Very few sites allow paid moderators to police stock specific boards.
I found a third link proving Bob and Dave knew of the raid and it appears they, in fact, started the "rumor" nonsense.
Are you interested in my posting the links?
I couldn't have said that any better. What's sad is that whatever mechanisms were in place here at Ihub that allowed such blatant scamming REMAIN having yet to be addressed by Ihub management at all!
ENHT - healthy addition at .0111. Now traded down to an approximate $500K market cap.
The raid? Don't think so. Could you provide a link?
Yes I could, two additional weblinks in addition to the wormblog and dating from mid 2007.
For the record here -
The gosanangelo link and subjects accused therein was NEVER a "rumor", it was FACT posted by reputable sources.
This "rumor" seed was planted by Ihub Admin.
its pretty clear they are roving bands of organized crews working select penny boards 24/7
Best post on that subject -
And of course, they attack with a vengeance anyone who dares to post the critical side of a deal and expose its problems be they short seller or watchdog.. or even shortseller-watchdog. That too has been their strategy and you can find it on every board where a scam is underway.
An interesting side note... you will find bashers on big stocks.. real companies but strangely.. you will not find the pump and dump disguised professional scam artists attacking the bashers there. This only further confirms what I am telling you.. The behaviour you see on display here is not indicative of investors, it is a sure sign that the stock is being pumped by scam artists and they have hired professionals to jump on the message boards to pump the stock and to attack any and all critics. The only word for this kind of action is "disgusting"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=23871262
LG was responding to a post from Shelly of which Matt gave the post a "Bravo" - quite the contrast from LG's response, lol.
See replies (10) -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=18762422
So the question begs to be asked: How many current, active stock fraud scams are going on here at IHub right this very minute?
Simple answer - 99% of pinksheets and 80% of OTCBB issue (being kind) are scams. If they have a thread, it is a scam thread.
I would ask what will Ihub management do about making the beginner more aware going forward. LG has a great post dated April 14, 2007 but reading the responses, that post was either ridiculed or ignored.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=18774711
Bobwins - old post APTD
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31426874
I know of no other penny stock with such a great product that gets ripped off more by management than APTD. Penny & Gordon heist every penny of revenue NEVER making any attempt to really market a great product, LEGITIMATELY.
That said, are you still watching/trading? APTD is in the gutter and Penny & Gordon will undoubtedly run another pump.
BPTR @ .069 - sold half into the strength and pulled my sell orders for the other half. The volume has gotten intense for such a previously illiquid stock. Holding for further developments. Backlog listed at $13M and feel .06 is a very strong bottom for the near term.
From what I have been told the other Ihub admin and ADVFN were completely blindsided.
I know of at least two websites with PROOF to the contrary. Are you interested in seeing the PROOF? Is your little birdy interested in seeing the PROOF?
Phil, you can't have it both ways. If you suggest that all of us should know that pinks are 99% scams, then shouldn't the URL be changed to
CircusOfScamsHub - Good Luck Finding the Legitimate Threads Backstage.com
Good article -
The US Treasury market is in a bubble. Like all bubbles, it will pop. And as always, when bubbles pop, there are those who get hurt - and those who profit. The difference is how well you're prepared for it.
On the numbers, the US government is the worst credit risk in the world. You determine a man's creditworthiness by looking at his balance sheet. Add up his assets and subtract his liabilities. Do that to the federal government and you get a very big number with a minus sign in front of it. Even if they were to sell off the Capitol building and all the federal lands west of the Mississippi, the feds would still have a hole in their finances larger than any other in the entire world.
While the balance sheet looks awful, the cash flow is worse. In the current year, the feds will take in about $1.9 trillion in taxes and spend $3.6 trillion. In other words, the feds aren't just living beyond their means...they're not even on the same planet. Who in his right mind would lend to a spendthrift whose outgo exceeded his income by nearly 100%?
That brokerage touting that they will jam the ihub stock specific thread (for $7k pr mo) is run by ihub poster "zardiw". Here's his disclaimer -
http://investorshub.advfn.com/boards/irp.aspx?userid=2760
http://www.psbro.com/
ditto - good post below in response to clem's post -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38138117
Sign me up under future contingency plans here. I agree with lentinman that VMC is a good honest board, but this Ihub forum has seen it's better days.
I remember that "VOIP-INTERFACE" pumperclown back when I first signed up. Are you implying that pumper clown had 7 or 8 more aliases here at Ihub? I thought that was TOS?
Section 308 -- Fair Funds for Investors
Civil Penalties Added to Disgorgement Funds for the Relief of Victims. If in any judicial or administrative action brought by the Commission under the securities laws (as such term is defined in section 3(a)(47) of the Securities Exchange Act of 1934) the Commission obtains an order requiring disgorgement against any person for a violation of such laws or the rules or regulations thereunder, or such person agrees in settlement of any such action to such disgorgement, and the Commission also obtains pursuant to such laws a civil penalty against such person, the amount of such civil penalty shall, on the motion or at the direction of the Commission, be added to and become part of the disgorgement fund for the benefit of the victims of such violation.
http://www.law.uc.edu/CCL/SOact/sec308.html
details from pacer -
As each reads the details in the complaint, try to envision one of these china R/M scams (i.e. CNOA, OPAI, CKGT, 200+ etc.'s) doing the very same things or some close variations?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38093375
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38093584
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38093674