Bitcoin Forum

Other => Off-topic => Topic started by: Singlebyte on July 10, 2014, 09:00:40 PM



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.