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Monday, August 20, 2012 6:24:57 PM
I see that sierra equity dame(?)and the crew are pumping PPHM all over the place. 6 on RB alone. That can be as harmful as spreading bashing lies IMO. Recall the old pump and dump definitions?
Definition of 'Pump And Dump'
A scheme that attempts to boost the price of a stock through recommendations based on false, misleading or greatly exaggerated statements. The perpetrators of this scheme, who already have an established position in the company's stock, sell their positions after the hype has led to a higher share price. This practice is illegal based on securities law and can lead to heavy fines.
Read more: http://www.investopedia.com/terms/p/pumpanddump.asp#ixzz247yiyCVp
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