PTA Holdings, Inc (PTAH)

[tycoonbull]

What makes it so obvious to you that the PR is “fake”?

I do see there were buys all morning before the PR went out. Went from 0001 to 0003, then went quiet for a few hours until the PR went out. All that tells me is someone front loaded ahead of news, which is problematic but a different issue. I fail to see how front loading equates to the PR being fake.

When I think of a pump n dump, it’s usually when a stock is being pumped based on “news” that doesn’t exist or pumped on the hype of potential news that never actually occurs. This would be the first time I’ve seen an actual PR boasting a $17M buyout offer being total made up, if those allegations are true. (Actually, come to think of it, I do recall another sketchy stock a couple years ago that did something like this.) So, yes, it does happen, but it’s not as common as you might think because it’s super illegal and not difficult to catch.

I’m keeping my eye on PTAH because if the PR is not fake, then we should see close to .0085 PPS for a $17M market cap.