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Old 09-19-2012, 04:50 PM   #30 (permalink)
Rui Z
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Not a fan of pump and dump Penny stocks. I got roped into tryin it a few times by my friend. I saw a transaction that got posted on Nasdaq.com After Hours for $700,000 , which is a lot for a penny stock. My friend didn't think much about the transaction. I smelled something fishy, so I got rid of everything first thing in the morning. Sure enough an hour later the thing dropped over 50% and kept dropping from then on out. My friend got screwed and we never went back to penny stocks after that. Be careful.
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