Posted on 02/26/2021 1:52:58 PM PST by justlittleoleme
Penny pump and dumps dont make money you say???
Guess again
“It is estimated that the defendants in this alleged scam cheated investors out of more than $60 million.”
One more thing
If you want to wonder about penny pump and dumps..there is an interesting “connected” name that was associated with the one I just posted. Was he duped or a willing participant in the fraud?
And that is all I will say on that topic for a variety of reasons.
These companies have been awol for a year. I don’t see any relation to this and recently shorted stocks in the news like GameStop. None of them are on the list.
“Stuff like this should help investors view of the stock market’s safety with our installed government / most likely a warning shot to investors of Gamestock. “
uh, huh ... it’s always just fine for the insiders to pump and dump with impunity, but the manipulation monopoly of the insiders has to be “protected” when the unwashed masses get together in PERFECTLY LEGAL investment clubs that threaten the insiders ...
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