MHHC Enterprises Inc (MHHC)

[ologun]

Pump and dump attempt in progress on a ticker with no business.

Wrong.

Pump and dump is a scheme that attempts to boost the price of a stock through recommendations based on false, misleading or greatly exaggerated statements. The perpetrators of this scheme, who already have an established position in the company's stock, sell their positions after the hype has led to a higher share price. This practice is illegal based on securities law and can lead to heavy fines.

Unless FINRA is involved in pump and dumps, there's no reason to believe that fair market value of this company is at the same level as a dead shell.

Strong avoid.

IMHO, when a stock price is grossly undervalued, the recommendation should be a strong buy.