Friday, April 01, 2011 4:06:41 PM
So it appears all these small time pinkie oil "barron" with shells all read the same book " How to Steal with a Pinkie Shell Company For Dummies", then get together sit in a booth at, let's say - Outback Steakhouse just when they are stuck at or headed to .0001 and cook up when to sell, or announce a deal between each other.
Instead of buying a company with value like SLB - HAL - Rig MDR - Cat ,, "greedy pinkie hit it rich in two weeks" type investors are tricked in in with the false deals and PRs. ANd these guys do it over and over.
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