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Re: dcjr4107 post# 47988

Thursday, 09/10/2009 12:07:21 PM

Thursday, September 10, 2009 12:07:21 PM

Post# of 123598
dcjr - stock price manipulators can make no bid penny stock look like they are trading at higher prices, temporarily, as part of pump/dump scams.

Just look at HPNN's trading earlier in 2009. There were $10, $12, and other tiny trades at ridiculously-high prices just to make it look like the price was higher.

The SEC warns about organized crime, other criminal, and other stock price manipulation that can occur in thinly-traded penny stocks wilth questionable disclosure practices.

There are also scammers that try to make people think that there are naked shorting issues with similar pinkies and even co's like Overstock....LOL