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Pastimes : Makin' money honey

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To: sandintoes who wrote (2148)	3/21/2006 6:15:41 PM
From: stock leader	Read Replies (1) of 2260

www.thestockster.com a bunch of pump-dump scam artists. Feds need to arrest them. A new group of these foul scums comes along every few months with their own type of ponzi scheme to ripoff ordinary folks. Most stock scams follow the same pattern--- 1. stocks with a market cap of $10 million or less are targeted for a pump job since they are easy to get moving up in price. 2. crooks buy up the target stock and then a day later they publish a 'glowing' recommendation on the stock in order to entice others to blindly buy shares. they mention how it is a 'STRONG BUY' or 'CHEAPEST STOCK ON NASDAQ' or 'GONNA GET BOUGHT OUT' 3. if enough gullible fools buy into the scam during the day, then price will rise within minutes or hours. As soon as the stock is on the fly , those who started the scam dump their shares like mad even as they are the ones saying 'STRONG BUY' 4. the selling comes very quick (within minutes) and price plummets back down and leaves most with 20-50% losses within minutes or hours. ouch 5. once the naive finally realize the scam, the scamsters have no more lemmings and they quit giving their fraudulent picks. really sickening business

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