Look up stock scam in the dictionary and you should see a picture of Jonathan Lebed. Working from the site lebed.biz, he got his start when he was around 15 on message boards like Silicon Investor. He spouted lies and fabrications to trick people into buy low float penny stocks which would then move from [...]
Promostockpicks.com is advertising heavily around the net. This is one is a doozy! They have a very spiffy website complete with youtube videos of members thanking them for their absolutely amazing picks. This should be enough to make your internal alarms start ringing!
Rollercoasterstocks and its psuodo site freestockpicks.com whos which only purpose to drive traffic to the main site, are a paid newsletter service.
Their disclaimer clearly states that they will never accept compensation for recommending a stock, nor that they will trade or sell stock against their members. The site has the typical “turn $5000 into a [...]
The following have recently started being promoted, any sudden rise in volume and price can be attributed to these activities.
ITNS – at least $45,000 spent for promotion
UOMO -$25,000
LLSR – $27,000 and 70,000 shares paid for promotion
PERT – being spammed via unsolicited email
