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  • corner.pocket67 corner.pocket67 Dec 27, 2013 8:19 AM Flag

    *** How Day Trading Scams Work ***


    Companies like Research Driven Investors buy blocks of a lightly traded stock with massive accumulated losses like Timios National even if it causes a slight upturn in the stock. You can see this over the last couple of days of trading with light trading and a bump in stock price. Then they pump the heck out of it using multiple websites such as seen today. They sell on the hype at the open as Cat_Tracker said below to complete the third party pump and dump. Rarely is this activity known to the actual company which is subjected to it. In the end, the manipulation and volume spikes caused by the fraudsters result in a stock price a collapse over the next couple of weeks. Happens every day in penny land.

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