How Alexander Walsh Made $264 Million On Lithium Exploration Group Inc (LEXG) In Just 2 Months
LiveStock is tonight 6-7PM EST, tune in!
Don’t you just love penny stocks?
While the world and mainstream finance hates on our greatly misunderstood sector, some people are using it to get rich.
You can be an honest trader and post all your profits and losses on Profitly (see all my trades) and if you do well enough you can come out with 4 newsletters and instructional DVD packages and make a few million bucks…and give students the opportunity to earn 40% commissions promoting said products since they know the strategy is real and solid (like this guy)
Or you can be unethical and probly headed for jail if not certainly hell like Lithium Exploration Group Inc (LEXG) CEO Alexander Richard Walsh who awarded himself 25 million shares for freeeee in late February 2011 and which at yesterday’s (late April) highly manipulated closing price of $10.57 are now worth $264 million.
Alexander, even though the stock is destined to crash shortly, it is fun thinking how for a brief day you were worth a quarter of a billion dollars…that’s the stuff memoirs are made of when you’re rotting away, feeling guilty due to the tremendous hate mail you’ll soon be receiving when your stock crashes and all the people who you scammed come looking for your head ??
But then again, I’m thinking a few months out, sorry Alexander, just enjoy the moment right now while it lasts, right? Perhaps a weekend in Vegas to celebrate your 15 hours of fortune?
