This is another scam, pure and simple, I think. I don't know what it will take to wise people up, but the scammers abound all through SI, as with all the others where pennies are sold. No one with any stock smarts at all goes near pennies, in case anyone hasn't noticed. It is and always will be a suckers game. I was warned big time, just liked the rush, and what the heck, its my money.
Several movies are coming out about the massive and hideous extent of it. As in "Boileroom" and Sopranos--where they run a penny stock MM crime/business. I think perusing the SI under %$5 threads turns up enough lowlife hyping to anger any good mafia hood in the business. They can take pointers, for sure.
Enough of the media is screaming at the fact that this is an area of legalized crime that maybe someone will catch on. I pretty much have, but still fell for another telephony the other week, and that too could just be pure legal crime masquerading as a business.
I'm pretty much healed of this disease, thankfully.
They are still hyping this as a possible very alive venture, so watch for an organized mafia-type spike one more time, if nothing else, and ride it up.l I'm waiting for a mafia-like engineered spike once again and will sell immediately, if and when.
Put your money in MSFT or CSCO. I waited 2 weeks and lost the right timing on CSCO. But maybe anytime is a good time on that. |
