Replies to post #55605 on Digital Brand Media and Marketing Group Inc (DBMM)

[MarketCaptain]

Too many people in prison to say there are "no rules". It is a grey area but traders still have to be careful and not let emotions, bitterness or greed get the best of them.

U.S. Attorneys like Barbara McQuade, who just put 5 guys in prison in September for a pump and dump, do monitor the penny market and when there are enough complaints they act on it.

Doesn't have to be huge fraud either. The 5 guys who were were put in prison by McQuade only made about $600k manipulating the price of a single stock.

[VST7]

trading.jeff; The pinks are the "Wild West" of the markets and they are basically "Unregulated" by the SEC, BUT, in saying that, there are still Securities Laws that Brokers, MM's, Traders/Investors and the Companies themselves have to abide by and People can and do go to jail for Manipulating Pump & Dump schemes as well as short selling schemes, even in the pinks. It's true people get away with alot of crap here in pinky land, but they always run the risk of getting caught, and the SEC has been cracking down more and more than they used to. When I said that I believe they took this down Intentionally, I truly do believe that. Their is obviously a short position here that has not been covered yet and they are trying to cover their arses before they lose them. LOL