You're right, it has changed. Almost everyone I know has seen it. The hedge fund financiers have realized that reverse merging companies into the pinksheets, and financing them through PIPEs is a goldmine. Loansharking at it's finest.
But people have to realize that those pinkie companies aren't real. Just a sham front used to dump worthless paper into the market. They then hire unscrupulous IR firms to help them pump the stock with BS PRs, in order to create the liquidity to facilitate the dumpage. Most of the times, the PIPE financers start shorting the company stock the moment the contract is signed. Too often, the CEO is joining them. They know a dozen ways to slice these pigs, and make money diluting, shorting, and ways that most people haven't even heard of.
The PRs may state that their business is oil, uranium, spas, gold, diamonds, or whatever is the flavor-du-jour, but their real business is unloading shares onto penny players, whom they have absolutely no respect for.
Gullible penny traders don't stand a chance. People gotta have no illusions and be quick around here. Sometimes three hours is too long to be in some of these imploding POSs.
Correction: 15 minutes sometimes is too long...lol!
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If you take anything I say as advice, you're crazier than I am.
