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Thursday, September 20, 2012 3:00:19 PM
People bought CMGO these past 2 weeks using Ameritrade - let's say in the .025-.03 range. Now Ameritrade customers have been "chilled" - BUT ONLY FROM BUYING!!! You can sell your shares, but you can't buy any! Panic sets in for newbies, and they sell out and take a loss. Smart folks swoop in and buy up the shares.
I think Ameritrade needs to be investigated for penny stock manipulation. They let you buy a penny stock and then WHAM! - it gets chilled. I smell a big stinky rat comprised of Ameritrade, DTCC, MM's, and P&D penny promoters.
MM's linked with this "operation" scoop up massive shares dumped by folks only able to sell... and then... mysteriously... DTCC lifts the chill and the stock takes off.
Thoughts anyone?
Recent CMGO News
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