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Re: sam the sound guy post# 60

Thursday, 01/14/2010 12:59:07 PM

Thursday, January 14, 2010 12:59:07 PM

Post# of 15403
Well, PSC (or any stock promo company) is not a substitute for your own DD of course. They send out mass emails for Company X and usually get paid through shares so they are able to dump shares into these pumps. They basically give you the latest timed PR's and some crazy one-liners to get people revved up for the stock (e.g. We think that XXYY is ready to explode..., given our members gains of 300%, etc.). The company usually has a few PR's ready to go for the pump. They are in the promo business and are out to make money, pure and simple. You are simply an email address to them. Sometimes their promos work for longer than others and traders can make some money on the momentum. Lots of money can be made if you time it correctly. That's the problem however, the timing. If you look at the charts of any PSC pumped stock, you'll see trends in volume just before they notify members - it would be great to find out beforehand who is going to be pumped. Anyways, take it for what it's worth, IMO never trust a stock promo-pump company with money you can't afford to lose. Good luck all!

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