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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: CIMA who wrote (25242)2/6/2000 10:43:00 AM
From: LegalBeast  Read Replies (3) | Respond to of 150070
 
CIMA, I am shocked at you ... OK, here is the way that works:

1. This guy puts out hype on his site which you linked us all to.

2. This guy picks some obscure stock trading at sub-pennies and grabs a bunch at perhaps .001 per share.

3. This guy then puts in a limit order to sell all of his stock for perhaps .03 per share.

4. Then that evening, he "releases his pick"

5. The next morning, his massive limit order is sold to you for an inflated price and he already has his profits in his pocket. His $1,000 that bought him 1M shares has just become $30,000 and you have peen taken to the cleaners.

And that, my friend, is what we call a SCAM! Buy into it if you wish, but be aware that you have been warned!