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Re: pennybuffet post# 59710

Wednesday, 09/22/2010 6:52:14 PM

Wednesday, September 22, 2010 6:52:14 PM

Post# of 111215
from the sec's own website:

Watch out for these "red flags"

Insiders Own Large Amounts of the Stock In many microcap fraud cases — especially "pump and dump" schemes — the company's officers and promoters own significant amounts of the stock. When one person or group controls most of the stock, they can more easily manipulate the stock's price at your expense. You can ask your broker or the company whether one person or group controls most of the company's stock, but if the company is the subject of a scam, you may not get an honest answer

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