Re: Pump-and-dump scheme
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I got a text message about week ago at 1AM for a different penny stock, checked the next day and it jumped something insane like 30%. It seems amazing that people fall for this stuff, or maybe its just those who know whats going on and want to go along for the ride. Either way, it seems like going along for the ride would have been pretty profitable on this one, as long as you get in early in the day.
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did you not read my story? Stay away from these things..
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Well yeah, I stayed away and will continue to do so...I'm just saying I'm amazed that it actually even kinda works.
I just can't imagine how stupid you would have to be to genuinely believe and trust your money to a 1AM text message from no return number.
It seems like the majority of the people who buy would be 'smart' ones, who realize whats going on and try to capitalize. Obviously they can't be that smart either though cause even without SEC intervention a whole lot of them are getting screwed as well.
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