InvestorsHub Logo
icon url

Orangeman3

08/04/08 9:15 AM

#76560 RE: astronomade #76553

Please stop it, this is one of the better Russian scams pulled on the pinkie investor. They kept it going for almost 2 years Just enought PRs to wet your lips. And a few posters throwing in extra lies. This stock had 2 runs over .03 and another one over .02 and a couple more to .01. And they did a nice job of selling into those moves. Thats why they had to keep raising the S/A they were running out of shares. Anyone who says they raise the S/A to scare more shares out, does not understand how the market works. SEC knows a scam when they see one raising the S/A 4 or 5 times within a year raises a red flag and for them to see in a PR they want to lower the S/O really sets bells ringing. You guys can put any spin you want on this, Me l know better l have been around a long time and the longs here have lost there money period. Its very sad but thats the bottom line.
Got to remember no Santa Claus on Wall Street. If it sounds to good to be true it is. No Russian penny stock has made out well in the pinks. No diluting sub penny has ever done well. No penny stock goes private. No pinkie buys back shares at all they are sellers. And of course not many sub pennies move to the next level. Check it out most are BS in the pinks they are here to steal your money with wordy PRs. And if you dont believe me IMO l will find you on the next penny scam.
GBDX did it perfect kept the investors hanging around for 2 years with dumping shares on them with twisted and a few wordy PRs. Other companies have one good run and its over in one week. GBDX even filed with the SEC just like other pink frauds to make it look legit.