Signs of pumping (on the message board)

[bilgert]

I've noticed a lot of new posters on this board. To the legitimate traders, welcome!

I have noticed that some people, in addition to being new posters, are also new to trading, so let me give you a word of caution: some posters have been trying to use this board as a place to pump their stocks. I'm not a nazi, so I'm not about to censor those I only have vague suspicions about (cough cough Bob Frey), but here are some classic signs to watch out for as you troll the boards for some picks.

1) If you see a post that has numerous people posting that have only been members for a short period of time and/or very few posts

2) Posts that seem to be written a little too profesionally.

3) Posts that make exaggerated claims of future PPS's

4) Posts that have this sort of interchange

Person 1) Hey have you heard about (Stock X)
Person 2) No, it looks interesting, tell me more
Person 1) Some line of horsesh!t about (Stock X)
Person 2) Wow looks great, I bought a million shares

5) Posts that say 'rumor of news next week'

There's more, but that's what comes to mind right now.

Most importantly, your best defense to pumping- do your own DD (due dilligence) and don't believe ANYTHING people post. Ultimately it's up to you to do the work...

[keithsan]

that pretty much sums it up bilg, and we knew this day would come, we did have a quiet dd home for a little while...

[bilgert]

Saw another dude trying to sell his "stock picking system"

Our picks are for free...

[rbonuc29]

hi hiya doing im as new as it gets. im not here to pump. but im sure people come here for it. im looking to piggy back on you peoples experience. and pick some winner. ill probobally just read what you say and buy what you say. Cuase when it comes to this crap i know next to nothing. other than i want to score 40 or 60 good trades. Then say good by to the pennny market.

so im not going to even pretend i know anything. but i will be looking. but posting mostly asking not contributing sorry to say.


ray.

[osoprimo]

I am new to this site, and request a bit of direction and advice.

I have been asked by a securities broker friend to assist in establishing a relationship with a capital source for his growing portfolio of penny stock (144 stock).

Is there a site or definitive source for capital options for penny stock? What is the best way to connect my friend with a capital source interested in penny stock?

Thanks in advance for any advice!

[go4it]

i don't think there is a site or definitive source for capital options for penny stocks.
Penny stocks are basically stocks trading on the pink sheets/otcbb arena and they are usually under $3. Stocks under $3 are not option playable nor are they marginable in broker accounts. People play them for a quick pop--usually for 1-2 days.