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Microcap & Penny Stocks : PLNI - Game Over

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To: scion who wrote (6040)8/18/2006 4:11:49 PM
From: Captain James T. Kirk  Read Replies (3) of 12518
 
Here is ultimately what they fear:
But there the real problem isn't the bashers--it's the boosters. In a pump-and-dump scheme, hypesters buy a worthless stock, tout it incessantly and then dump their holdings for a quick profit after enough suckers have piled on. Strangely enough, while the Securities and Exchange Commission has brought plenty of cases against Net pump-and-dumpers in the past few years, it has yet to find a single bash-for-pay conspiracy in action.
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