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Re: TruckingAngler post# 31899

Monday, 07/01/2013 8:35:37 PM

Monday, July 01, 2013 8:35:37 PM

Post# of 48039
That's part of the penny stock business. These companies print stock all day long in order to compensate themselves. And buyers out there create a path of liquidity for them Take a look at VENAF (VEM.TO) financials, its hilarious. The company CEO pays himself 400K a year, however, the company generates zero in revenue. The company prints worthless paper and sales tons of it to the public. As traders, you can benefit of the waves of the pump and dump but never get caught holding the bag. It's game over at that point.. Been trading now for about 20+ years and pretty much seen it all. If you have any questions. email mytypeofstocks@gmail.com
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