OTCQX:BGMZF - Post by User
Comment by
cartoneton Dec 04, 2014 1:30pm
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Post# 23195844
RE:HOW PUMP AND DUMP SCHEMES WORK SECRETS REVEALED !!!!
RE:HOW PUMP AND DUMP SCHEMES WORK SECRETS REVEALED !!!! cartonet wrote: Buyers beware of buying into Rocket Red´s lies.... Here´s how he and his team work:
1) He and his croonies accumulate some cheaply priced stock.
2) Starts a promo campaign on several public forums with outrageous lies like he has talked to the company management and was told somethign will be released soon that will have the stock flying in no time. The incredible news can be just about anything: pending takeover, amazing core visuals picture to be released, resource report to be released with "the one of the largest gold deposits in the World" (sound familiar?), etc...
3) Once the unsuspecting public starts buying into the stock, he dumps it to them making a quick easy profit.
4) After several weeks we him and the gang already out, the stock typically starts to tumble and people ask to him where is the news..... he then says the management lied to him and are not to be trusted effectively blaming the company for his own lies and starts a bashing campaign of the stock saying he just sold the stock. People trapped run for the exits and Red´s bashing only makes it worse for them.
5) Rinse and Repeat.
Fortunately most people on the boards have found about this and his "audience" is getting smaller by the day. Only known donkeys like CrashJPMorgan on SI ( aka Hanson Lockyear on Stockhouse) are able to repeat time and time again like he did with his latest attempt of a pump at BGM. LMAO !!!!
Read more at https://www.stockhouse.com/companies/bullboard/v.bgm/barkerville-gold-mines-ltd#fO9i4xsJIw0jO1wd.99