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The Brainy Brands Company, Inc. Message Board

  • sd1440 sd1440 Aug 21, 2012 8:02 PM Flag

    What a scam.. Pump and dump

    I had this hot stock sheet sent to me about a year ago pumping this company at a recent buy price then at $1.35 a share. They put a 36 month projected price on it at $4.50. I kept the ticker on it just to see what if anything would come of this hot pick. Well I had to laugh when I just checked it out and it's at less than one cent a share now. It was the typical pump and dump right after they sent out all these info sheets to suckers and it got run up to $1.60 a share they dumped it all and the price never will see that price point again based on this recent price.

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    • Payne forecasted lofty gains for investors who bought those stocks. He projected in 2011 that Brainy Brands could hit $4.50 a share in three years. At the time of the pitch, Brainy Brands was trading at around $1.35 -- it's now below 1 cent. Payne claimed in 2009 that NXT could "turn $10,000 into $25,000." At the time, NXT was trading for $2.00 -- it's now below 1/10th of a cent. And Payne claimed in November 2007 that Generex, then at $1.58, was a long term "screaming buy" which could hit $7.00. It's now trading at roughly 4 cents

    • You are correct and I fell for it.

      What a fall it was and still is.

      The good thing is, I do not do it anymore.

 
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