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Tuesday, December 17, 2013 7:49:18 AM
Paid promoters can mean 2 things:
1) Insiders are trying to dump - and keep in mind, insiders may have received their shares for pennies on the dollar, so they won't care if they dump at $1 or $10.
2) They may not actually be paid promoters for the company, but for someone who is looking to short and creating a false hype to inflate the PPS with gullible retail investors.
Either situation ends very badly. Where there is a pump, there is a dump, and you don't want to be holding the bag when that happens.
Again, mention one successful or reputable company using paid promoters with these tactics? I posted a similar warning earlier, but it was deleted apparently. Just trying to warn people not to lose money. I don't have any positions on CYTR at the moment and don't intend to, at least not until we are back to $3.
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