Skip to comments.Should Twitter Be Held Accountable for Penny Stock Scams?
Posted on 07/14/2014 10:27:09 PM PDT by Citizen Zed
Cynk Technologies, which is likely a "pump and dump" scheme, joins the shameful list of over 1,300 stocks that the SEC has suspended over the past two years. While these schemes have been around for decades, three new factors -- paid promoters, Twitter (NYSE: TWTR ) bots, and high-frequency trading programs -- have made it much easier to manipulate these stocks. Let's take a closer look at how these three factors aid market manipulators and ensnare gullible investors.
(Excerpt) Read more at fool.com ...
They can’t put it on the internet if it’s not true. Bonjour!
How about the people who carry out the scams be held accountable? It doesn’t matter if they advertised it in the paper or a magazine or Twitter
I guess people think if the stock goes up 50 cents they become rich with not much invested.
Can you guys help support my plan to make some potato salad?
Send money $5 and up to....
Gee I wonder if anyone is dumb enough to do so.
I am guessing 6,092 people
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.