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cuso

04/20/12 4:25 PM

#2735 RE: j45 #2732

theres new gamblers coming in here all the time...im new, i fell for it- luckily with only a few cent haircut. They will acknowledge the first day flop then continue the pump.
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stockamaniac

04/20/12 7:19 PM

#2814 RE: j45 #2732

When you're trading pennies you don't believe anyone's rep. Assume everyone is out to give it to you.

This one was pretty blatant

1) The volume of the stock went way up while they were sending out alerts over an anonymous stock

2) They gave the weakest excuse that members overseas needed time to get organized as a reason to not release the name immediately

3) They depended on people's stupidity to jump right in at the open regardless of price. Actually this one was pretty smart on their part

4) they sent out another alert today pumping their picking ability and used a 0.10 entry despite the fact that the stock opened at 0.129

This was an obvious PnD, but even then you can still scalp a profit if you play it right

They also pumped MSLP, sent out an email alert at one price, closed it the next day at roughly the same price. Then several days later HSA made a post saying he was back in when it was much higher. Sure enough later they sent out an email alert and took credit for the full diff despite the fact that they initially closed the trade and missed most of the jump.

All the penny stocks are fun to read and can give ideas. But don't ever think you're in their interests.