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Re: Blue Sky Basin post# 1072

Wednesday, 06/20/2007 1:51:06 PM

Wednesday, June 20, 2007 1:51:06 PM

Post# of 1437
Actually,this isn't retarded,this is criminal.This has happened to at least 5 other stocks over the past couple of months.SCYA ,NLUB and VNECQ come to mind-seems some crook sets up an account on another site,posts some outlandish r/m news,and waits for some I-hubber to find it. The bogus news causes a run,and lotsa folks buy the stock before doing DD(myself included)-seems the crux of this scam is to entice people into buying QUICKLY into the run;later when someone discovers there is nothing to the scamsters claims,the stock collapses.Here in Tennessee we'd hang the little bastard,but there seems little chance of finding anyone responsible. The worst part?People see these scams go down with no apparent consequences,and decide to try it themselves..

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