Has anyone given a name to the art of including totally unrelated big board stocks in the press releases of small, crappy OTC:BB companies?
I think its called "pumping". This has probably been posted here but bingo.com pumped out my entry for the "including unrelated big board stocks" category.
biz.yahoo.com
''With the concept of free e-mail, the company 'Hotmail.com' was sold to Microsoft for a price of U.S. $400 million and looking at the value of domain names, 'shopping.com,' was purchased by Compaq Computers for U.S. $220 million. ''The financial markets this past year, have been dominated by Internet related stocks that have demonstrated incredible gains for investors
''CNET Inc. (Nasd:CNET - news) has risen from $45 to $105 in the past two months, a gain of 133%; Excite, Inc. (Nasd:XCIT - news) has risen from $25 to $118 1/5, a gain of 374%; Infoseek (Nasd:SEEK - news) has risen from $20 to $78 1/4 over the past four months, a gain of 291%; America Online Inc., (Nasd:AOL - news) has risen from $30 to $175 in the last year, a gain of 483%; Lycos Inc., (Nasd:LCOS - news) has risen from $25 to $137 in four months for a gain of 448%, TheGlobe.com Inc. (Nasd:TGLO - news) has risen from $30 to $66 1/16 in the past two months, for a gain of 120%, Xoom.com Inc. (Nasd:XMCM - news) has risen from $22 to $58 in less than 12 months for a gain of 150%, At Home Corp. (Nasd:ATHM - news) has risen from $40 to $125 in the last 3 months, for a gain of 212%. On Friday, Jan. 29, 1999, Shop at home, Inc. (Nasd:SATH - news) had the number one increase of all Internet stocks, with a gain of 44%, moving up $5.25 to $18 5/8, with a trading volume of 10,959,600 shares.
I wonder what the subliminal message is?
Tom
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