Very true, Dave...
"We're not pump and dumpers..." Yeah right.
Just people who pick a stock with a low price and good line of bull.... buy it.... begin hyping the hell out of it....watching the price spike as people climb aboard the bandwagon... then selling without telling anyone.
Sorry, but that fits my definition of "pump and dump" perfectly.
They did "DD"? Where? Show me a Brad or Cheryl assertion on the company earnings or audit release date that ever came true. How about Brad's "valuations" that showed FAMH as a $20 stock? "Facts" that can't be proved --- that aren't even logical --- are known as hype... pure hype.
When actual facts surfaced, such as FAMH lying about 3rd quarter earnings and the Atrix deal falling through due to Ira's incompetence, Brad and Cheryl heaped even more praise on the company. They had plenty of chances to look at the company objectively... but never did. Just kept the hype cranking... till they could sell?
Once the dumping is complete, they disappear, resurfacing occasionally as "victims" of the company's management. (I've never seen anyone get "victimized" so many times without learning anything... the same thing happens to every stock I've seen them buy!)
Anyone questioning them is attacked as a "shorter," "market maker," or behind some really bizarre scheme, as in #reply-3729979 ....
I wouldn't waste time exposing them as the pump and dumpers they are if they hadn't spent so much time spreading such lies.
If anyone doubts they pump and dump, look up the stocks they promote... see what happens when Brad and Cheryl hype them, and chart the inevitable crashes when people finally find out the companies have no money, lousy management, and no real prospects (examples: CVIA, LAAQ, ADOT, FAMH, JNNE and my favorite, GLOW, to name a few). Brad's starting to pump TRNG now, a joke of a company, but I have a feeling the carnival game won't work this time.
They are either pump and dumpers, or losing money on every stock they "believe in." |