Comments on: Are all of those “Hot Stock” junk mail item on penny stocks just pump ‘n dump schemes?

By: securities_fraud_is_not_cool

securities_fraud_is_not_cool — Thu, 07 Jan 2010 05:14:48 +0000

Typically, yes. Unsolicited spam and newsletters by stock promoters serves one purpose and that is to get naive and greedy investors to buy while the promoters and others behind the pump and dump are selling.

David Baines of the Vancouver Sun had 2 expose stories in the past year or so on 2 of Remo Sabene’s “this one’s going to the moon” promotions. The first was on EVCC.OB and the 2nd one was on PLKT.OB.

For more on unsolicited stock spam, please check out these websites:

By: andrewtrades

andrewtrades — Wed, 06 Jan 2010 05:43:52 +0000

YES.

Any “hot tip” you receive from someone else, even a well-meaning friend, was cold and dead long before it crossed your doorstep.

“Hot tips” you receive from unsolicited mail are almost certainly part of pump & dumps. Don’t waste your time.

By: Frank Castle

Frank Castle — Sat, 02 Jan 2010 21:05:13 +0000

Yes.

If you want to make some money then I will email you for FREE a few stock tips for REAL COMPANIES like Yahoo! or Google.

Just AMEX, NYSE and NASDAQ.

I don’t do penny stocks.

I am a Portfolio Manager with over a decade of experience in the Stock Markets.

By: Franco

Franco — Thu, 31 Dec 2009 01:13:12 +0000

These guys who send out investment news letters are on an easy, sure, money spinning racket.

They buy a penny share they fancy, praise it to the heavens to millions of people. Thousands rush and buy it, the price goes up and those first guys sell next day and laugh all the way to the bank. I am thinking of starting such business my self actually.

By: Gerald

Gerald — Tue, 29 Dec 2009 02:05:32 +0000

Why would you want to monkey with a stock that lists for pennies??? Book by Jim Cramer “Mad Money” is what you should be reading. 6pm and 11 pm Cramer and the Mad Money TV show is on CNBC….. On line cramer.com…. Educate your self— money is being made every day on the Stcok Market… CNBC the market runs all day –Pre and Post shows…