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Re: zekeman post# 1559

Friday, 09/06/2013 2:24:50 PM

Friday, September 06, 2013 2:24:50 PM

Post# of 140333
Believe it or don't believe it. Fact is, I personally received emails from these promoters pumping LVGI.

Whether the company paid for these promotions, or pumpers paid for these promotions, it's not a difficult concept to understand. Pumps and Dumps are designed to create enough interest in a stock to allow SOMEONE to dump a bunch of shares, which unfortunately causes the price to plummet in most cases.

Whatever the case, this stock has been pumped since June. Is it a junk stock? I don't know, I haven't really looked into it very much. I do, however, think it's the right thing to do to warn people when a P&D is on. They usually result in many people losing a lot of money, while a select few reap the rewards.

jmo
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