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Starlost

01/16/24 2:04 PM

#161406 RE: logic-commonsense #161404

Once again, as Sharp admitted himself, it wasn't him that brought the returns to shareholders. It was third party pumping, and market conditions. He was just in the right place at the right time.

enormous returns Sharp brought you on your TSNP investment

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anavol

01/16/24 7:28 PM

#161461 RE: logic-commonsense #161404

Sharp didn't bring those returns. The market climate at the time did. Almost every single ticker was making hundreds if not thousands percent gains. A ticker could've announced a merger with a company that makes diapers for lizards, and it would've gained thousands of percent. Sharp was not the defining factor.
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Major Profits

01/17/24 3:08 PM

#161517 RE: logic-commonsense #161404

Just a few things I accumulated (lol) about TSNP/HMBL (and a couple other things) that you might find interesting. Or not. Posted for the hell of it.

In regards to HMBL here are a couple GS tweets:

5/12 HUMBL never promoted its stock & it is not their fault that it went to a ridiculous $7+.Outsiders pumped the stock through social media & those that write ignorant advice newsletters like @insidrfinancial. It was FOMO & resulting short covering that caused HMBL to go $7+.
— George Sharp - Advocate for truth in the OTC (@GeorgeASharp) February 14, 2022


Neither $HMBL nor I pump. Period. End of story. The share price took off due to a combination of third party hype and short squeezing. This is not the company's fault...
— George Sharp - Advocate for truth in the OTC (@GeorgeASharp) May 26, 2022


And,results of a "Google U" search for HMBL I thought these were interesting:

https://www.timothysykes.com/blog/how-to-spot-and-trade-penny-stock-pumps/

Trading Tips-Tim Sykes Penny Stock
How to Spot and Trade Penny Stock Pumps
Written by Timothy Sykes

HUMBL Inc. (OTCPK: HMBL)
Over several trades, this was my biggest winner in years. Note: most of my profits came before the ticker changed from TSNP to HMBL. See my TSNP trades here.*
[ https://profit.ly/user/timothysykes/trades?page=1&size=10&filter=ticker:TSNP ]


HMBL chart: 1-year, 7-step pennystocking framework — courtesy of StocksToTrade.com

How to Recognize Hype and BS

First, the more times you see it, the easier it gets. That’s why I tell people to start studying now because it takes time. But here’s a tip…

If you see promoters lying about me and/or claim I’m short selling something…

It’s a promotion … a pump. Whatever you want to call it, it’s BS.

Why would they lie? Because they don’t want people buying and selling — aka trading — their stocks. They want diamond hands. They want people to believe their BS then hold and hope. Which means my exposing them is a threat...



https://www.timothysykes.com/blog/penny-stock-hold-and-hopers/

Lessons From Penny Stock Hold and Hopers
Written by Timothy Sykes
Updated 10/15/2019

Today, let’s talk about penny stock hold and hopers…

A few years back, this guy contacted me by email to tell me he’d lost a bunch of money investing in weed stocks. He’d been following the Wolf of Weed Street on Twitter. Then he invested his nest egg, watched it grow fast … and watched it tank even faster.

Realization set in. He and the rest of the ‘Wolf Pack’ were headed down a slippery slope. So he went to Florida for a face-to-face with the Wolf.

Later, as he tried to dig himself out of the mess, he got in touch with me. I told him every stock he was in was a pump and dump. Sell it all.

He wrote about his experience in “Men’s Journal.”

“Everything I owned tanked. Hour after hour I sat in front of my computer, watching as prices ratcheted into the toilet.” — Erik Hedegaard, “Buying High: How to Get Rich on Pot Stocks”

Later the three of us — me, the article author, and the Wolf — went out to dinner. My treat. Read the article to see what happened. Then bookmark it. Come back to it any time you think the penny stock you’re about to buy is the next big thing.

Why? Because while penny stocks can spike big, too many people fall in love with the technology or the idea behind the company. And they go down with the ship.

Ride the Hype — But Don’t Buy BS

These stocks literally…

Never. Work. Out.

You have to learn to ride the hype, to buy the hype. But don’t hold and hope. Respect the fact that it’s 99.999% likely to fail. It happens over and over again.
Ignorance Is NOT Bliss With Penny Stocks

Newbies aren’t bad people, they just don’t know what they’re doing. (My FREE guide to penny stocks is a great resource for new traders.) Promoters, on the other hand, they kinda are bad people. But whether you’re just dumb and ignorant or manipulative and ignorant, you’re gonna lose. Either way, you’re gonna be wrong.

The “Men’s Journal” article is one of the best examples of how penny stock pumps work…

Stock Trading Twitter Battles

I warned all the pot investors that the stocks were following big pump patterns. They came back with things like…

“Weed is gonna be legal. So much money is gonna come pouring into this industry.”

And…

“After it happens, no one is going to know who Tim Sykes is.”

So I was battling the Wolf of Weed Street on Twitter. He believed in his companies. Yes, he made a lot of money on the way up. And a lot of his followers made a lot of money. On the way up.

But he didn’t get off the ride at the top. He truly believed pot stocks would just keep going up.

I kept trying to tell them that it didn’t matter if pot became legal. It didn’t matter if it became a big business. The pattern was exactly the same and newbies were getting crushed.

The author of the “Men’s Journal” article believed, too. The ‘Wolf Pack’ believed. They were saying things like, “This is a new industry, Tim Sykes is a dinosaur, he doesn’t understand.”

Then when everything crashed exactly like I said it would, the writer saw what was happening.

It’s the Same Pattern Every Time

What does the big weed stock run of 2014 have to do with today? Everything. The same pattern just keeps coming. Let me show you some more recent examples…

...The crazy thing is the bagholders, pumpers, and believers keep trying to tell me how good their company is. And how wise their CEO is. It follows the same pattern. People are just idiots...

Pump or Not, Always Lock in Gains Along the Way

...Experience and Honesty

I like being honest.

So even if a stock is going higher, I’m gonna say pump it higher. But I’m still not gonna believe in the company. And I’m not gonna be surprised when everything comes crashing down. I’ve seen it too many times.

By all means, ride these pumps up on every breakout and big volume push. But never believe the hype...



"Let me start off by saying that not all pump and dumps are intentional. Sometimes these are real companies that do have direction and do have a real business but some things go wrong. That's just part of life. Businesses do fail and most of the time the charts, actually all of the time, the charts will look the same."


As seen in a post:

I bought tsnp $ high in the Fomo, about $3.70, and then Hmbl came, and that tech start up company had big growing pains, and wiped out my big investment, Forwardly too, wiped out, but still holding, underwater like everyone.[December 26, 2022]


And GS warnings:

Pumpers have an agenda


Stop listening to pumpers! [Jul 8, 2022]


Even calling one out by NAME!

George Sharp - Advocate for truth in the OTC
@GeorgeASharp
Gawd, I wish the pumpers would stop pumping my stocks. I mean you @D********
7:39 AM · Aug 7, 2023


And his latest:

George Sharp - Advocate for truth in the OTC
@GeorgeASharp
Do not, Do Not, DO NOT invest money you can't afford to lose. Pay the rent and buy your kids food. $GVSI
6:23 AM · Dec 28, 2023


GLTA