Post by
Here4thekeks on Aug 25, 2022 9:30am
Gusthereek is an uneducated losing daytrader of Penny stocks
The lone pumper Gusthegreek with his multiple sorry aliaseshave been scalping investors for many years now. Stock Scalping is most often practiced by unsavory Stock Promoters like the ONE you see here day and night who is engaged to generate price and volume increases in OTC issues so their clients, one or more individuals or entities with very large positions obtained at deep discounts often for services may liquidate his/their shares. Over the past decade or so, stock scalping has become an epidemic in stocks traded on the OTC Markets platform. Until around 2010, when depositing micro stock certificates became much more difficult than it had been, most promoters, like Chris were paid in “free trading” shares of the stocks they promoted. Well aware that they were engaging in pump and dump schemes, they needed to dump their own stock before the price crashed. And so they sold into their own exhortations to buy. Nowadays, they’re mostly paid in cash, but that doesn’t mean they don’t frontload in advance of the promo and sell into the volume and price increase they create.