Title: Crazy stock up over 25,000% Post by: Singlebyte on July 10, 2014, 09:00:40 PM Now here is a crazy investment. Stock is up 25,000% and they have no revenue. What's going on?
http://finance.yahoo.com/news/social-networking-stock-exploded-25-215433473.html Title: Re: Crazy stock up over 25,000% Post by: BitcoinStuff on July 10, 2014, 09:11:38 PM Only God knows, probably they found a hole in the system and are taking full advantage of it while they can, that's my modest opinion. Title: Re: Crazy stock up over 25,000% Post by: Bitsaurus on July 10, 2014, 09:54:38 PM A listed pyramid scam involving stocks - well this is certain to end well for investors.
Title: Re: Crazy stock up over 25,000% Post by: beetcoin on July 10, 2014, 09:56:58 PM no one knows what the company does, yet it goes from 10 cents to $20 per share.. has to be a pump and dump.
Title: Re: Crazy stock up over 25,000% Post by: Lethn on July 10, 2014, 09:57:10 PM Look at the stock screenshot itself, where's the trade volume? Definitely a scam.
Title: Re: Crazy stock up over 25,000% Post by: ChiliPowder on July 10, 2014, 11:04:15 PM Def a pump and dump and now its getting media amped up, a few suckers are gonna get into it.
Feel bad for the people about to lose. Title: Re: Crazy stock up over 25,000% Post by: Benjig on July 10, 2014, 11:09:13 PM Now here is a crazy investment. Stock is up 25,000% and they have no revenue. What's going on? http://finance.yahoo.com/news/social-networking-stock-exploded-25-215433473.html Looks like a penny stock raising like crazy, anyway maybe it has future as it is social networking. Title: Re: Crazy stock up over 25,000% Post by: ShameOnYou on July 10, 2014, 11:11:35 PM Nothing too crazy for a penny stock. Stocks like these get pumped and dumped all the time. No volume. This will end in real tears for some people.
Title: Re: Crazy stock up over 25,000% Post by: Justin00 on July 10, 2014, 11:29:10 PM ^^ It always does end in tears.
except AM and 1 or 2 others... so sad :( Title: Re: Crazy stock up over 25,000% Post by: LavaWave on July 11, 2014, 12:40:35 AM Nothing too crazy for a penny stock. Stocks like these get pumped and dumped all the time. No volume. This will end in real tears for some people. I agree that these penny stocks get pumped and dumped all the time. Just not pumped 36,000%!!! :o Title: Re: Crazy stock up over 25,000% Post by: thew3apon on July 11, 2014, 12:48:03 AM No big deal, even crypto alt get pump and dump all the time..
Title: Re: Crazy stock up over 25,000% Post by: Lauda on July 11, 2014, 01:00:06 AM Someone got really rich.
Title: Re: Crazy stock up over 25,000% Post by: Malin Keshar on July 11, 2014, 01:12:49 AM Facebook is around $65 by share. Now social networks are saturated, so no reason for that price, only market manipulation.
Title: Re: Crazy stock up over 25,000% Post by: Brewins on July 11, 2014, 02:53:48 AM Just a Homeric pump and dump. Nothing to justify such valuation, now new tech, no new service, nothing.
Title: Re: Crazy stock up over 25,000% Post by: Southpaw0 on July 11, 2014, 04:44:06 AM Two words, Criminal Activity... Need I say anymore :D
Title: Re: Crazy stock up over 25,000% Post by: 1Referee on July 11, 2014, 07:36:43 AM Two words, Criminal Activity... Need I say anymore :D Yep. Did some one call you to make the investment of your life ? Just say no! :P Title: Re: Crazy stock up over 25,000% Post by: schnötzel on July 11, 2014, 09:29:05 AM Before i was in crypto i would say: wow :o
But in cryptoworld 25 000% is daily shit :D Title: Re: Crazy stock up over 25,000% Post by: Lauda on July 11, 2014, 09:31:57 AM Just a Homeric pump and dump. Nothing to justify such valuation, now new tech, no new service, nothing. Actually no company. It's most likely just on paper.Title: Re: Crazy stock up over 25,000% Post by: Sheldor333 on July 11, 2014, 03:05:17 PM This must be some sort of a scam. Don't see anything else that could be a reason for it.
Title: Re: Crazy stock up over 25,000% Post by: iram3130 on July 11, 2014, 03:36:46 PM No big deal, even crypto alt get pump and dump all the time.. yeah, alt coins don't go up for 25 000% :D Which coin went up 25000% last time in 20 days. I don't think any coins went up like this. Title: Re: Crazy stock up over 25,000% Post by: Essex343 on July 11, 2014, 03:37:43 PM good old pump and dump. the ones who bought the top there gonna get crushed.... :-\
Title: Re: Crazy stock up over 25,000% Post by: LavaWave on July 11, 2014, 06:45:15 PM Well I guess the SEC finally had enough. They halted the trading of the stock! A multi-billion dollar company with 1 employee! :D
Title: Re: Crazy stock up over 25,000% Post by: drmundo on July 11, 2014, 07:08:27 PM stocks is made for the banks to win lol.
Title: Re: Crazy stock up over 25,000% Post by: WillyBTC on July 11, 2014, 07:46:21 PM Well I guess the SEC finally had enough. They halted the trading of the stock! A multi-billion dollar company with 1 employee! :D Wow. Didn't expect that to happen, but not surprised. Epic pump and dump. Title: Re: Crazy stock up over 25,000% Post by: Mt. Gox on July 14, 2014, 10:37:19 AM I wish it was possible to short this stock. Apparently there are no shares available to borrow. :(
Title: Re: Crazy stock up over 25,000% Post by: cech4204a on July 14, 2014, 10:52:12 AM Well another scam there, everyone holding that stock should be really smart to sell them on time now. It will be too late for most of the holders.
Title: Re: Crazy stock up over 25,000% Post by: JimClone on August 18, 2014, 03:16:59 PM You could have told us before they went up ;)
Title: Re: Crazy stock up over 25,000% Post by: dompsairs on August 18, 2014, 05:41:09 PM Seems totally legit!
Not really. |