InvestorsHub Logo
Followers 111
Posts 5038
Boards Moderated 1
Alias Born 11/25/2009

Re: HobbyTrader post# 407

Thursday, 03/04/2010 2:39:35 PM

Thursday, March 04, 2010 2:39:35 PM

Post# of 4438
REASON FOR CAVEAT EMPTOR:
There was an unauthorized promotion of GOIG read Rewind2grace's post below:

Heres the Pump and Dump Source
www.StockHunter.us: Don't Miss Out On The Hottest Newsletter!! Hear It Here First!! KATX,HNAB,TSHO,GOIG,VRNT,ETLE
(PINKSHEETS: GOIG - GoIP Global, Inc. +++++.02 Target!!!)

__________________________________________________________________

Pinksheets reasoning for putting a CE on this stock even though GOIG did nothing wrong:

They do that to let potential investors know that there was an illegal promo done on the stock. If you look at the stipulations of a Caveat Emptor that is one of the bullets explaining the CE. Yes it is unfair to do, but what they do is let people know what has happend with a specific stock. Even though the company had nothing to do with the promotion, The StockHunter website that promoted it, could have still made money off the pump, so what they do is warn investors to be carefull. They wouldnt know how many shares people from the newsletter actually garbled up and would use to flip. So there is a legitimate reason to put it on there. Granted I feel like its un fair, but what is worse is a person not knowing about it and buying in and then getting left with the dinner bill. This OBVIOUSLY will not be the case with GOIG. They are a legit company, I have spoken with Ike personally and know this company will continue to break all records and kill the 800 market! Lets shake and bake people


GOIP Global is aware of the CE and are currently working with pinksheets to get this removed. They have already filed a letter from their attorney and should be down soon. GOIP Global and pink sheets are working together to fix this problem we just need to be patient.

What I say..may or may not make sense... I would do my own DD and not take what I say as a buy or sell signal or advice..
All my best!!

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.