InvestorsHub Logo
Followers 253
Posts 28440
Boards Moderated 4
Alias Born 07/07/2004

Re: None

Thursday, 01/10/2013 3:43:52 PM

Thursday, January 10, 2013 3:43:52 PM

Post# of 12265
Question: I've followed hundreds of these pump jobs over the years. All have eventually collapsed. Some were suspended by the SEC. Some do well for a few days (and then collapse). I can see why a crap shooter might want to jump on a pump in the first few hours.

But what beats me is why anyone plunges into these deals after the first day. The odds are mediocre on day one. Even then most buys don't end well. But the odds are atrocious by the third or forth day.

With VNDB the stock tripled quickly amid obvious gang stock manipulation. Most penny pumps don't triple, from my experience.

Why would anyone buy VNDB on day three or four?