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Re: pgleba post# 4302

Tuesday, 12/03/2013 4:23:52 PM

Tuesday, December 03, 2013 4:23:52 PM

Post# of 4484
What is a fool proof way of avoiding a pump and dump?

Avoid any OTC stock not piggybacking off a major exchange. Example: Stock trades on the TSX in Canada, and on the OTC in the US. That eliminates 99% of the microcap stocks.

The only other way is to not get caught in one after the P&D occurs. As Janice outlined, if you have a ton of stock in the paws of management and affiliates, then it's a stock promotion waiting to happen. As an exercise go back, and review your own thoughts as the P&D unfolded. Then review the OTC filings as though you're not invested in the stock, and see if you can find the red flags. It might help in the next P&D stock.

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