Hi Frank,
Thanks for checking out the new thread. I think it is a shame that there are so many scams running out there.
You have to admit, tho, that EUTO is one of the best...a true classic. People tend to think that if/when there is manipulation or trading violation involved with these stocks, it is usually a result of something the company did. One of the reasons, in my opinion, that EUTO was so classic is because it is both the company and some of the shareholders who are doing it.
The company can do damage, with the news releases that never pan out, the massive insider sales, etc.
But, the real carnage takes place when a select few shareholders load up with shares and then use SI and other forums to pump the price of it. As soon as the price starts to move, massive shares are sold.
How is an investor to protect himself? He can't. The only way an investor can protect himself is to stick to real investments and go back to the big boards. A gambler, on the other hand, can protect himself by knowing the game well.
One of the things I have learned here is that there are two terms one must know if they are to survive here, Front-Loading and scalping. Both are illegal as hell. But if you can recognize when it is happening before it happens (NOT easy), you can usually make it by okay.
That's WHY these stocks are so risky. It's not because these are "start-up" companies and not prone to make it. It's because the vast majority of them have been corrupted somewhere along the line.
Just my opinion.
Binder |
