Quote:Heh, I just visited one of those stockmarket/investment forums, and some of the posters on there seem to be more knowledgeable about the Economy/Stock-Market than most Politicians. 

Some of those forums are inhabited by paid bashers and paid pumpers...They get paid to trash talk some stocks to try and make people sell so the price goes down and some are paid to pump it up in order to make people think the price is going to explode...Penny stocks are the worst ones for that kind of stuff...The minipulation of penny stocks is outrageous...Pennies are very loosley regulated by The Financial Industry Regulatory Authority but ultimate authority resides with the SEC...Peniies are called OTC (over the counter ) stocks because they are barley looked over so there are more scams than real companies. They are all real companies, but most put out fake news and astronomical revenue projections... They are quite alluring because for a very small investment, you can get millions of shares...Some pennies trade at a fraction of a penny...Like .003 cents per share and some drop even lower and then the company pays a promotion group to send out emails and stock anylsis saying the price per share is going to explode because news is coming out that will blow your minds and people flock to the company to buy shares...

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