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New Stock Forum.. Releases group Picks..

you're pushing it awefully hard lol every post in here has you talking about these sites. What specifically is so great?
 
"I also usually give the companies a call, usually pushing for them to put out a good PR same day..."

Sounds illegal.

Also, why would he share this information? Is it maybe because he is taking really small volume issues and engineering them through getting suckers to make a self-fulfilling prophecy?

Oh wait, he even says that:

"Well, ther is alot of factors involved. I look at the float, Level II's, Average Daily Volume, PPS, Comapnies business, etc...."

Translation: I look for low volume microcaps that I can easily marshall a small audience on the internet and get them to buy the stock so I can pump and dump.

I recall reading about a high school kid who pulled this a few years ago and got busted.
 
ZKaudio said:
is it still illegal if you don't "know" that you are trading based on 3rd party insider information?

Everything about this, if I am guessing right, is illegal.

The SEC watches this things very carefully. They will get the guy eventually.
 
Actually it isn't illegal.... As long as he doesn't mislead us with false, infor mation...

Seems to me Synpax, that you don't know much about investing but, think you do... Stock Manipulation is what you are referring to I believe....

There has been groups like this around for along time.. The only difference between some and others is that the so called "pump and dump" onesmislead their buyers with false forward looking info...

Read up before you post, as most of what you've stated so far is very questionable..
 
When you call a company to get them to put out a positive press release on the same day you are marshalling some internet group to invest in an a very low volume exchange, what is that called exactly?

I would imagine the Gainster guy could create several profiles on a stock site and start making guesses. Eventually one of his profiles would make two good guesses, and then he has you all sold that he is a genious.
 
Seems to me like you're hating on the guy....

I made $8000 off of one of his picks before... That was on a $2000 invest in one day, a quick in and out...

Not bad if you as me..
 
chase152 said:
Seems to me like you're hating on the guy....

I made $8000 off of one of his picks before... That was on a $2000 invest in one day, a quick in and out...

Not bad if you as me..

What stock was it ? When did you buy it and when did you sell it ?

Thanks
 
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