Ok, this guy Pearson uses TSRX as an example of these so-called pumped stocks. I don't know about you but that was one of my best investments last year, they had an FDA approval and then were bought out by Cubist. Pearson may very well be the one being paid to try to knock these biotechs down.
"Readers should note that after I contacted MDM for questions, they quickly notified Smith of my interest. Mr. Smith then found it appropriate to update some of his disclosures regarding his real bio which had been concealed from investors. This includes the fact that he was barred from the securities industry by FINRA among other issues."
Of course, these things are mere technicalities, hardly meriting concern... I guess. As I have said before my own experience with Mr. Smith's recommendations such as SVNT or DNDN (coincidentally, perhaps, both under the administration of J. Johnson at the time of Mr. Smith's earnest recommendation) has not been very good and definitely has not been profitable. I avoid investments recommended by Mr. Smith, as a consequence. Just my opinion.