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What Is A Penny Stock Pump & Dump?

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Published on May 18, 2009

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Pump & dumps are when stock promoters get paid in cash and/or stock to send emails/faxes to sucker people to buy a piece of crap company....and the promoters usually sell their stock directly into the suckers buying...this is all disclaimed ahead of time, but very few people read disclaimers and even fewer make it out of pump and dumps without massive losses. For the past decade, I've made millions short selling into the dumps because these are truly the worst publicly traded companies in the world, 99% of which will be out of business within months/years. See more at http://www.timalerts.com

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