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Thursday, February 25, 2010 10:47:43 AM
The shady traders make a few buys of 5,000 or so shares at a higher price, then the gullible get stuck buying at high prices. Now they find they can't sell at that price or higher, so they hold for a while. They hope for fluff press releases and the shady newsletter penny stock pump groups to temporarily help hype the stock. Sometimes they can a pump/dump to allow them to sell. Other times, facts come out revealing massive dilution and that HOP-ON's CEO is actally CEO of USACIG, too.......very suspicious.
Anyone know if Peter Michaels is getting paid shares through USACIG. Anyone know if USACIG president Worley is getting paid in hop-on shares? We all know hop-on is basically flat broke, as of last report, so there is reason for concern about where hop-on is getting cash to pay their $30/month mail box fees.
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