SNL- A Pump and Dump Penny StockHere's how the Pump and Dump scam works- Here's a telling exerpt from Norman Meier's book, (Meier and SNL's CEO Clive Massey's have formed several Gold, Uranium, and other Pump and Dump Corporations together in the past and have defrauded millions from investors in the process) SNL is just Clive's latest scam.
Promotion of your stock: a fast track to becoming rich What is stock promotion? Once a company is listed on an exchange you can initiate a promotion program to make your stock more known. The goal is to create a lot of attention so that new investors will buy your stock via their broker. This will create a lot of volume in your title.
Without any new buyers your stock will not be actively traded and nothing happens. There is no point in having a public company if no one knows that it exists. There are over 13`000 listed companies in the US and you need to do something that brokers and investors will be attracted to your title.
There are a number of marketing strategies that you can use to create market awareness. Things like newsletters to potential investors, research reports or online presence in stock portals are just a few to mention.
The main goal of a promotional program is to sell your or the company’s shares. Typically, a company hires a promoter that is the only person with free trading shares. The promoter has for example 10 million shares available and initiates a marketing program. Usually, he has a lot of contacts of potential buyers or lists of people that are interested in buying new issues. He puts the company in the best light possible and sends out marketing material to those potential buyers. The buyers get interested and put in orders through their brokers to buy yours shares. Since you or the promoter are the only people who are sellers you sell your positions to new investors.
I have seen many promoters that were able to sell ten or even twenty million shares between $2 and $4 per share and make millions like that in a few months only.
The company releases news releases every week and by showing that the price of the stock keeps going up and up it is able to attract more and more investors.
So if you are able to build a company, take it public and then be the only party that can sell, you can become very rich in a matter of days. If you are able to sell 10, 20 or 30 million shares in a few months between one and two dollars, then you are set for life!
Even if you are able to sell a few hundred thousand shares or a million in three months, this ca make you a lot of money.
Depending on your stock marketing budget, the quality of your company and therefore the daily average trading volume, you should be able to sell at least anywhere from 2000 to 5000 share per day without hurting the stock price.
Assuming that your average price per share is $1.00 that would result in $2000 to $5000 daily income. If you trade stock on 20 days in a month that could be up to $100,000 in one month!
You might not get a lot of approval from investors but you are allowed to do it. So that gives you a lot of freedom. Of course, with this kind of freedom you need to be aware that your financial statements are public knowledge because you have to file them every three months.