Friday, April 19, 2024 10:49:52 AM
I traded the pinky's - actually back in the day I played the pumpers and APS was the best.
Medbox was a weed ticker in 2012 - there was only about 8 companies - and each day you could pick one and you would do really well by the middle of 2013 there were over 300 weed stocks. And the scams were more outrageous.
Medbox was supposed to be weed vending machines - nodummy taught me how to trade the OTC.
Medbox went from $0.10 to $202.00 - and the SEC filed a complaint against the CEO but he fled to Turkey where he was a citizen.
I was alerted about CYNK at $0.06 by the person working for Phil Kueber - it was many of the APS crew and it went to $22.00 pretty quickly. Since most of the stock was owned by insiders - one fund manager very small shorted it at $6.00 and got a margin call and lost $5M. I didn't buy in to CYNK because I knew they were getting greedy.
FINRA halted CYNK and the next day the SEC suspended them - one of the insiders got 15 years in Federal Prison.
Surf has seen many more of these than I have - and done very well.
I lost on one OTC stock but by 2013 I never attempted to play the OTC anymore.
I saw that it was so easy to dupe/con OTC investors that I felt it was better to expose these scams but I started out working on one scam.
Back then there were real runs - someone always posts on these scams it is the biggest run in the history of the OTC - which is laughable.
Surf knows so much about how the OTC scams operate - it is wise for the naive and the gullible - listen to Surf.
IG
The First Casualty of Emotion is Reason.
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM