What is a pump and dump and why should I get involved with penny stocks if they are all pump and dumps? Subscribe here to get INSTANT alerts when I post a new video outlining my penny stock trading techniques: https://goo.gl/poGZTm
0:30 I want to utilize all different kinds of companies and stocks in the stock market to get me richer. Pump and dumps and penny stocks have worked for me.
0:50 A pump and dump is not always going to be a penny stock and vice versa.
1:10 What is a pump and dump? It’s when someone lies and “pumps up” a stock or a company or a technology to get people to purchase stock. It’s pumping and lying.
2:00 Companies will put out misleading press releases to purposely inflate their stock prices.
2:30 Companies lie because they want to pump up their stock prices, collect the profits and then dump the stocks.
3:00 Sometimes you might think that a company is legitimate but in reality, there are all kinds of nefarious individuals in penny stocks.
4:00 For me, all of this pumping and dumping is very predictable and you can learn the patterns. You can learn to spot the fakes.
5:00 For me it’s very easy to look at the FCC filings and get to the truth. That’s how I make money. You can ride the hype, make profits and get rid of the stock legally.
6:00 This is where my value comes in. I can see through the fakes, I can tell you how long a pump and dump will last and when it’s time to short sell. Pump and dumps are very predictable.
7:00 People who haven’t studied and who aren’t doing their homework will lose in pump and dumps. Many people find me when they’ve lost all of their money in a pump and dump.
8:00 Nowhere else in the stock market do you have this kind of predictability.
8:20 Leave a comment if you have any questions about pump and dumps. There are predictable signs with pump and dumps and I can teach you how to learn these signs, too.
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