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Re: ron51ron51 post# 28893

Tuesday, 04/20/2021 10:27:14 AM

Tuesday, April 20, 2021 10:27:14 AM

Post# of 49945
Because pink sheets is not an exchange, but a quotation service, it is unregulated and can, therefore, result in scams or other potentially harmful investments.

One common scam involving OTC investors is the pump and dump scheme where promoters buy penny stocks, promote and push up the prices for other investors and then dump their stocks while the late investors are stuck with worthless stock they overpaid to own. These stocks are often promoted in spam emails or on message boards and blogs.

Nothing 'ILLEGAL' about manipulating pps's to my knowledge.

GOOD DD and PATIENCE is required if one wants to play in this practically unregulated field


Patiently,

Roger

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