I wanted to stick my two cents in about the pumpsanddumps.com controversy. I'm not here to argue and I won't deny that I am a big fan of their website and the articles they write are so well researched and articulated and they provide evidence with everything they claim. Those are the articles. SAVW is on their PnD list. I wrote to them and asked them why? Here is our exhcange.
Me: "Posters are complaining on ihub about your inclusion of savw on your pumps and dumps list. You should know I am a big fan of yours but I must say I don't say where the stockhaven email mentioned on ihub says that they were paid for savw. Could you please tell me where you got this from?"
PnD.com response:"Thanks for writing and asking in a reasonable tone. We have received several, mostly hysterical and threatening emails regarding this as we do with several of our well fact-based articles and our alerts which are based on emails received from touts. Hysterics usually (but not always) come from the promoters/pumpers paid to tout the stock on behalf of the insiders so we ignore hysterics. You asked nicely, so I'll answer your email. This will be the last time we address this subject so please post it on ihub.
Take a look at the stockhaven email (assuming you have it) being talked about and the disclaimer in particular.
"WE ARE NOT REGISTERED BROKER DEALERS OR REGISTERED INVESTMENT ADVISORS, AND ARE NOT QUALIFIED TO GIVE FINANCIAL ADVICE. This site, www.stockhaven.com, is property of and operated by Worthmore Investments, LLC (Worthmore). Worthmore is a financial information and marketing firm which provides paid advertising services for our clients to generate exposure of the featured companies. Worthmore nor its owners, employees, affiliates and agents responsible for the content of this site are not registered as Broker Dealers, Investment Advisors or financial analysts in any jurisdiction whatsoever, nor are they members of any association for research providers. We are not qualified to give financial advice to anyone."
Does this not say it all? Nowhere does stockhaven say what they were paid nor do they say they weren't paid for the SAVW promo. You should also Google "savwatt" and see how many more promotions you find since January. We stopped counting after 5." Finally, these touts lie all the time. Stockhaven is probably not lying here because they don't say what they were or weren't paid. But otherwise, what's in it for them? We are a public service disgusted with all the pumps and dumps out there stealing money from seniors and other innocents. We warn when a stock is being promoted and write an article if we discover shenanigans. If one person saves their money, we go to bed sleeping well. Thanks for writing"
I think PnD.com may have a point.
AI
