All pinkys, and most pennys 'work' this way ...
Especially pennys , like swxx , with toxic death-spiral CD's
from YA ; and Any IR-guy 'helpers' that also pump Any pinkys.
We estimate that half of swxx's frequent and/or long-term
[and still] pumpers are 'somehow' paid. Just check the
other stuff that they pump. They're All Down , 90+% per year.
So, they Must be making money , some 'other' way.
But , that's OK , for those who also play the other way.
And , Tadaaa , your are 200% correct in your guess that
"they sell the run-up and short into offshore accounts".
The 'problem' for retailers is that it's too risky to try
to 'time' the 'helper-assisted' Insider Pumps. So, Outsider
flippers lose as much as longs + averaging-downers.
But , retail shorters [usually through offshore Brokers] ,
don't have the 'timing' risk. They just wait for a pinky
pump to peak [more than 100% Up] , And Then Drop 20% , and
ONLY Then Start day-trader shorting , until the pinky is back
down to 20% Above its pre-pump baseline price.
It's ~No Risk , and Quick [usually less than 2 weeks] , with
a profit of ~30-70%. Most pinkys are pumped 2X or more ,
at least Quarterly. Otherwise, it's not worth being pink.
So, the pinky shorters will Double Their Money , ~4 Times
every year , on every pinky [or penny that acts pink] ,
which compounds out to 16X profit per year.
Unfortunately , swxx is now useless for shorters , until it
is allowed to do another reversi. But, swxx has many close
'relatives' , which are easily identified by their still busy
overlapping 'fans'. We just follow the trails to the next
best currently shortable scams.
extra , Sincerely .
P.S. ; Some think that shorters destroy companies. But,
shorters don't risk shorting Any company whose stock might
go up , long term. They only target obvious scams , which
are ~Guaranteed to Always 'trend down' , ~90% per year.
So, shorters only shorten the 'lifetime' of obvious scams.
And take profits Away From The Scamming CEO's. And, even
save money for the longs , because they have Less Time To
Keep Averaging-Down , before the scam 'stock' quits 'trading'.
It really is that simple , and obvious. And, swxx has at
least 5 currently shortable 'relatives' , that we are
currently exposing , for fun + profit , here + elsewhere.
By the way; A good way to spot a pinky or penny scam , is to
check the deleted posts; and the personal attacks against the
deleted posts, that 'somehow' survive. How can that happen?
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