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ant5

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ant5

Re: None

Thursday, 04/13/2017 12:35:20 PM

Thursday, April 13, 2017 12:35:20 PM

Post# of 84881
7 ways to tell if you're reading fake investing news

Today 11:53 AM ET (MarketWatch)

By Jeff Reeves, MarketWatch

This week, the Securities and Exchange Commission brought action against 27 stock pickers (https://www.sec.gov/news/press-release/2017-79) who were compensated by publicly traded companies to tout their shares. These tactics targeted penny-stock medical companies in a typical "pump and dump" scheme akin to "Boiler Room" (
) where overly optimistic commentary is designed to pump up shares so insiders can dump their shares for a profit... and leave unsuspecting investors holding the bag.
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