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Saturday, February 17, 2018 5:30:03 PM
Just from a quick google search you can see there are no real sources for these rumors, outside people who try to sell penny stocks to suckers with such legitimate sounding titles like "Penny Runners".
Easy game here:
- Buy a bunch of shares in some illiquid garbage company.
- Buy 911 shares in that same company
- Take a screenshot of your trade.
- Post the screenshot and say "OMG guys the MM's are signaling that news is coming!!!"
- Sell your stock to anyone that falls for this
All these rumors and stuff that get propagated about how penny stocks trade generally serve one purpose - to screw people who believe them out of their money. Most of the money made in penny stocks by anyone (both companies and traders) comes from defrauding others through trickery and lies.
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