Saturday, March 29, 2008
Subscribe to:
Post Comments (Atom)
MLM and Travel It's No Good! YTB, TraverUs, GTI, World Ventures. All no good for the travel industry! MLM and Travel It's No Good! YTB, TraverUs, GTI, World Ventures. All no good for the travel industry! MLM and Travel It's No Good! YTB, TraverUs, GTI, World Ventures. All no good for the travel industry!
#1 Story for the Week -
ReplyDeleteYTB stock is on the rise. And the experts who were watching with glee thinking the end was near are having a "dammit" moment.
"Pump and dump". Simple as that the CEOs buy up a bunch of stock to run the price up, the zealots buy stock then they dump it again, leaving man of you without crap. You have a long way to climb to get back up to the 4-9 dollars that alot of people bought stock at in the first place. You'd think you would have learned by now...but I guess not.
ReplyDeletescamman -
ReplyDeleteRelax and take your meds. The SEC keeps track of when officers buy stock. As you said . . . you think you would have learned by now, but I guess not.
Also, from the SEC's website...
ReplyDeletePump and dump is when information is released aggressively through webgroups, spam email, etc to inflate the attractiveness of a stock, then large share holders will sell off large volume of the stock to profit from everyone else running it up.What scam is suggesting is not pump and dump AND, up until Thursday and FRiday, the volume of the rise, even though above the average, were not that significant.
Pump and dump: I don't like the sound of that!
ReplyDelete