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Re: viki post# 79205

Monday, 03/28/2011 2:27:02 PM

Monday, March 28, 2011 2:27:02 PM

Post# of 79921
You mean a run-up in the price? They get together and pump PBLS on different boards and sites...they get the momentum going by purchasing shares, before anyone else knows what's going on, and thus it shows as an increase in volume...the increased volume will show up on scans that people are doing on % change in average volume...pumpers tout that 'something is in the works, why else would there be an increase in volume?', momentum picks up, thus setting off more alerts for those who track price and volume changes...more buyers get in....the original group of pumpers dump their shares when the technical analysis (or just their gut feel) tells them the momentum is waning...they take profits, people who got in on the way up and at the top are left holding the bag...

Great work, if you are an unethical POS...but as we know, there are many, many of those types involved in pinkies...

PS...That's my guess, I've never been a pump pimp.
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