InvestorsHub Logo
Followers 4
Posts 728
Boards Moderated 0
Alias Born 04/17/2008

Re: None

Monday, 01/04/2010 10:33:06 AM

Monday, January 04, 2010 10:33:06 AM

Post# of 105534
This will close at 0.01 today followed by slam tomorrow at open to 0.0085, mark this post. I have seen scams like this pumped up a week before and then shorted all the way to the base where the pump started , that is 0.008, meanwhile the float has doubled, what will happen. Eventually they will do RS !, rinse and repeat. MM control these stocks, whenever there is massive dilution, they pump the stock on hype, suddenly everyone expects some huge news. The real news is dilution, then they short it back to 0.006 due to bloated float and boatload of new shares, until next sucker pump. The interesting thing is after every pump the stock makes lower highs and eventually do RS, some bogus news, false promises and people lose faith. This is how 99% of penny stocks trade, you go long, lose all money

pump n dump dilution scam, how many times we have seen with penny scams like this !

Join the InvestorsHub Community

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.