CNBC article: absolutely fantastic
People always tell me "but that stock was on cnbc. It can't be a scam." And I tell them "cnbc is hype." Then they say "but it's part of NBC, a real news program, it's independent news." No, it's not!
UMCC then BIKR was on cnbc. All they said was "we're thinking of opening an online store to sell motorcycles." Stock went from $3 to $9 within hours. The reporter was fired over the incident though I don't know why exactly as I didn't see the show. It went to $6 next day, a paid analyst hyped it up again, it dumped, they hired westergaard the promoter, it went up again, they did some toxic funding, it went down, they went chap 11 then 7. They never sold anything online. They barely sold motorcycles through dealerships and they were bad bikes also with a lot of problems. CNBC, yeah, great stock tip...to poop on. Of course if you were into playing pump and dumps it was pretty good. You just have to have your finger hovering over your etrade buy button and as soon as they announced the companies that were coming on that day, BUY! Then sell within a few hours after the show. |