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Re: amank7 post# 9313

Tuesday, 02/28/2012 2:06:33 AM

Tuesday, February 28, 2012 2:06:33 AM

Post# of 43522
Hi Amank7. I am a new stock holder of KING. I bought 2M shares today on a whim because I saw it on pennystock whispers. I love it when a junk penny stock based in Nevada gets the green light from the pumping services. If the MM coordinates with the pumping services these worthless POS penny stock scams can really run into the 5 - 8 cent area in a few days. Trouble is they fall TWICE AS FAST so you have to be really nimble and sell on the way up before everyone runs for the exit and the PPS collapses.
Seen it all before. Many, many times. They set up in Nevada due to the lax laws. They slap together a cheap looking website with photos of hard hat laborers on an oil rig or a refinery.
Even the charts and technical analysis are worthless because the parabolic climb and subsequent collapse are so steep and rapid.
GOIG.PK, SPNG.OB, ASFX.PK, ONFI.PK, SFIO.PK are all prime examples of how these things behave. I hope we have a runner here!
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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