Poiuyt20011 - My point of this whole discussion is that If PHGI used Business Wire as much as they used Market Wire the SEC would come after PGHI very quickly. The SEC doesn't tolerate companies that Pump there stock through Press releases. That's why PHGI uses Market Wire because if they used Business Wire for these PR's that they release almost everyday they would be visited by the SEC. Most or All of the PR's released leave out very important information to the public and the SEC hates that, which says to me that the PR is Fluff. Most or All penny stocks are BS anyways and they use market wire to pump there stock and to create volume. The ones that used business wire would get in serious trouble but they'd know that their PR would reach alot more people, then I read about it because it showed up on my streamer. I saw that IBM used Market Wire, but the PR wasn't revelant to there stock. I know for a fact that penny stocks or a company worth billions use business wire to release earnings or release updates on the company. All the fluff penny's just pump fluff pr's through market wire because they know they can't get in trouble.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.