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Should Twitter Be Held Accountable for Penny Stock Scams?
Motley Fool ^ | 7-14-2014 | Leo Sun

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 ...


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Twitter has a truth filter, right?
1 posted on 07/14/2014 10:27:09 PM PDT by Citizen Zed
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To: Citizen Zed
Yeah, the same one used by Dan Rather, MSNBC and the New York Times.
2 posted on 07/14/2014 10:29:58 PM PDT by 2ndDivisionVet (The most dangerous man to any government is the man who is able to think things out for himself.)
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To: Citizen Zed

They can’t put it on the internet if it’s not true. Bonjour!


3 posted on 07/14/2014 11:39:55 PM PDT by Veggie Todd (The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants. TJ)
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To: Citizen Zed

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


4 posted on 07/14/2014 11:40:46 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: Citizen Zed

#BuyerBeware


5 posted on 07/15/2014 3:15:42 AM PDT by GraceG (No, My Initials are not A.B.)
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To: Veggie Todd

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
https://www.kickstarter.com/projects/324283889/potato-salad


6 posted on 07/15/2014 11:17:11 AM PDT by minnesota_bound
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