Stock Promotions (12-07-2007)
It's being reported on StockPromoters.com, the best site on the Internet for following all the details about stock promotions, that the following are new pink sheet stock promotions:
Wall Street Savant, LLC has been compensated thirty five thousand dollars to promote UFFC.OB
Beacon Equity Research has been compensated $1,000 to promote UEC
All Penny Stocks has been compensated three thousand seven hundred dollars in July 2006, three thousand four hundred dollars in August 2006, three thousand two hundred dollars in December 2006 and ten thousand six hundred in May 2007 to promote OCL
All Penny Stocks has been compensated five thousand five hundred dollars to promote VSRV.OB
Small Cap Voice has been compensated $7,500 from third party Qualitystocks.net for 30 days of coverage to promote SRNW.OB
Hototc.com has been compensated ten thousand dollars to promote AOGN.OB
Money TV has been compensated $11,500.00 to $17,250.00 to promote DLK
Doubling Stocks planned to be compensated a total of seventy five thousand dollars to promote SKVI.OB
Wall Street Grand owns about 3k shares to promote BIDZ
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posted by km @ 12/07/2007 10:37:00 PM
2 Comments
2 Comments:
There's lots of pump and dump operations out their. Most of the time they claim that all you need to do is sign up for are free penny stock newsletter and we will take care of the rest for you. Most likely the newsletter is more than likely a pump and dump operation. The temptation to profit hyping a stock is enormous for a pump and dump operation. Because it only takes a small increase in demand to move a thinly traded stock by a large amount and make lots and lots of money for these operators. One or two posts on a website hyping a stock can make that stock move by an enormous amount in a short time. Very often these guys are out of a stock before it crashes down back to earth. Leaving everyone except the operators of the pump and dump schemes with a large profit.
Theirs no limit to the type of undiscovered penny stocks.
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