Thursday, July 05, 2018 9:24:57 AM
Some of the dishonest tricks that you may encounter with this notorious fraud include:
Misleading information: Whether through a free e-mail newsletter, press releases, or a comment on a message board, these shady promoters know that they don’t need to trick everyone, just a few unwary investors is enough. They may stretch the truth, or flat out lie, to make a penny stocks company look extremely compelling.
Focusing on (ridiculous) potential: Instead of talking about how a company is almost bankrupt, or generates no revenues, the promoters focus on how its product — an engine that runs on gravity, a cure for that major disease — could change the world (even if it borders on the ridiculous). Inexperienced investors may fall for the promotion and think that the shares are a great investment.
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