But in the end they all wither and die miserably.
Aren't all scams compelling? Isn't being compelling what makes a scam attractive? hmmmm? Hey go for it pal
You seen a lot of scams huh? So what we are seeing in MGT volume is not boiler room bot driven churn to keep the price at a certain level for some scammy reason? You think the volume is retail exhanging shares for .05 - .10 trades? keep in mind the volume before the defunct relic JM was paid off to lend his brand to a nothing penny stock trading a few hundred shares a day is now, with no new sources of revenues, is now trading 3 million shares?
What do they do? Nothing from what I can see. High frequency pump and dumps are far more prevelant and worse than in the 1920's.
It's so obvious that the pps is being controlled, some high frequency firm is running a program on it being paid for by whoever stands to gain from the manipulation. This is very bad for both longs and shorts. Only good for crooks.