Comment 2EQ Penny stocks are the wild west


Here's proof another tech bubble is waiting to pop


Penny stocks are the wild west (Score: 2, Insightful)

by on 2014-07-10 22:38 (#2EQ)

Pyramid schemes, pump 'n dump, perpetual motion schemes, and greater fool theory (as in, I'll sell to the greater fools coming in after me) abound.There's one called Global Digital Solutions that was briefly part of the NH race for US Senate, when it was discovered that one of the GOP candidates had accepted a stock grant to be on the "advisory board" of a company that had no products and no sales. Their web site is full of visionary pronouncements and press releases, though, as well as a couple amusing filings with the SEC.


Time Reason Points Voter
2014-07-16 17:11 Insightful +1

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