One thing you have to understand is that these penny stocks are penny stocks for a reason! When I say penny stocks I'm classifying stocks that are trading under 5 dollars. Most of these companies are outright scams! They're carrying tons of debt and haven't made a single proft as a company. What these companies do is pay stock promoters to promote their stock via faxes, newsletters, etc.
Ever gotten one of those emails or faxes that say “Buy symbol: XXXX now for a quick 100% gain, guaranteed! Then they go into why with excuses like: “This company is going to announce a 500% revenue increase!” or “I just talked to CEO, huge plans coming, buy buy buy!”
Another way companies induce hype into a company is too release what many call “fuf” news. This type of news is just a PR that the company releases that is suppose to stimulate dramatic hype into a company and make them look good all while the news may not be newsworthy at all. There's an example of a fuf news release on the next page.
Describe what you're looking for in as much detail as you'd like.
Our AI reads your request and finds the best matching books for you.
Popular searches:
Join 2 million readers and get unlimited free ebooks