"loosers"? You're a prince. You don't realize that I started trading stocks at about the same time that you learned to use a toilet other than the one in your pants. Retired at 40 so don't spend time worrying about my financial well being. All is well here.
The concept of the pump and dump involves finding unwitting folks to propel a stock far above any reasonable valuation and then to sell it on the way down to the semisuckers who like to buy stocks at what they perceive to be a discount.
Fortunately, these stocks have things in common that make them easy to spot. Multiple name changes, several entirely unrelated lines of business over a period of time which all happen to have been hot, and creation from shell companies by the use of splits and mergers usually involving foreign corporations. Complicated and hard to follow equity transactions are the rule, as is huge trading volume and the absence of much info from SEC files.
Hey, I hope you make a fortune on your stocks. Only time will tell who is ultimately right. When I told people that TWTI, GIFS and TIRE were all scams they had exactly the same reaction as you did. I was a jerk, an idiot, or, worse yet a short seller trying to deprive them of their just rewards. Never heard from them after the plug got pulled, so I don't know what they think now. Maybe they are holding, hoping for a rebirth as a software company. Best of luck. As a fellow trader told me back when I first started making markets on the floor, "Be Careful.", because these things can be tricky for the neophyte.
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