These crooks that run these penny stock companies try and create some price movements by buying their own stock (usually at the end of trade on friday).
Typically the stock is dumped shortly afterwards or stays up for a longer time.
In 07 and 08 there was small investor interest in exposure to china's growth.There were some 1350 penny stock listings, such as "scamercon"(nasdaq listed and domiciled in PRC).Buying of stock by directors would then create momentum and attract genuine investors.Eventually everyone who was a genuine investor lost his money.
"scamercon" is just a leftover piece of trash from 07 08.
Many of these small penny stock investors were also bloggers who also spruiked stocks on behalf of the directors (and were given free shares to do so).
"scamercon"directors fabricated its business activity,their parasite bloggers spruik it.
"scamercon" had Harleyman and Sanconfan just to name a few.
The current directors no "jack sh...t" about running a company and they are the same bunch of crooks that spruiked "scammercon"and MKA.
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