InvestorsHub Logo
Followers 16
Posts 314
Boards Moderated 0
Alias Born 07/13/2012

Re: None

Thursday, 12/19/2013 2:36:39 PM

Thursday, December 19, 2013 2:36:39 PM

Post# of 148335
The SEC has brought enforcement cases involving the use of social media, primarily involving pump-and-dump schemes in which insiders or stock touts dump shares into their own pump, as their victims–the public–continue to buy. Selling as you promote is known as “scalping,” and is illegal. Touted stocks are usually quoted on the OTCMarkets quotation service.