News Focus
News Focus
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lubberboy

05/20/15 11:52 AM

#53174 RE: Mr O #53172

What's up? Someone is buying all the shares they can get their hands on!!! Wake up everyone...and DO NOT listen to the naysayers unless you want to be poor!!

GO AZFL
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Homebrew

05/20/15 12:14 PM

#53180 RE: Mr O #53172

In some cases, penny scammers like AZFL will have multiple straw brokerage accounts set up, and buy-sell back and forth. The purpose being to generate volume to attract attention. They can also manipulate the price with straw sales. It doesn't matter if they "over pay" for a stock if they are buying-selling to themselves, but it gives the appearance of investor interest, and can lure buyers in at a higher price.