Yes, he usually gets an immediate small pop and then the new bagholders drop it to new lows when they finally do some DD and sell.
The latest is $PZOO, it is a 45 page advertisement that cost 6,5000,000 shares. It was alerted April 8 at .007 (3 ticks from 52wk low) with a price target of .07! It then went to .016 in two weeks before crashing and still crashing to .0056 yesterday. If paid at alerted price then PZOO paid $45,000.
The previous to that is $CBIS, it is a 109 page advertisement that cost $2500 and 3,500,000 shares. It was alerted March 13 at .0514 with a price target of .19 It then went all the way to .053 the next day and has crashed ever since and was .018 today! If paid at alerted price then CBIS paid $175,000.
$FWDG says it ordered a 45 page advertisement so good luck on the initial pop for all of the longs.