InvestorsHub Logo
Followers 17
Posts 933
Boards Moderated 0
Alias Born 12/15/2011

Re: A deleted message

Friday, 08/02/2013 2:07:56 PM

Friday, August 02, 2013 2:07:56 PM

Post# of 73703
Some of the people behind these pumps have turned out to be out and out crooks committing pure fraud (take FROG as an example). They knowingly tell outright lies to pump a stock and defraud people of their money. The problem is that the SEC and FINRA are to slow to jump onto these plays and shut them down.
I'm sure you would be pi-ssed if someone scammed your credit card and charged money to it, as far as I'm concerned the vast majority these P & D schemes are doing the same thing. And don't forget the insiders behind these scams ALWAYS win, I can't say the same thing for the investors.