Replies to post #40470 on Artfest International, Inc (fka ARTS)

[Chunkman63]

LOL I see a cpl of my stocks on the list....I am going to try the upper pennies next. They might move a little slower but at least they are REAL...GLTA

[keyscruiser]

Also from the SEC website.... EV must have studied the book...LOL!!! I think it must refer to the RS's arts has and will continue to pull

"Penny stocks are particularly susceptible to manipulation because the issuer’s financial condition has not been disclosed. Tr. 417; Div. Ex. 1 at 10. Penny stocks are typically issued by a corporate shell or a start-up company with no business activity. Div. Ex. 1 at 11. They are illiquid and are often owned by a small group of investors, which makes it easy for participants in a manipulative scheme to acquire large quantities of stock, inflate the stock price, and then sell shares at artificially inflated prices"