CYNK >> just so they *show* ;) scrubbed post =
Post# of 4611
scrubbed post = (mr40)
nodummy Friday, 07/11/14 01:10:01 PM
Re: A deleted message
Post # of 887
There is a big difference between promoting a ticker and alerting a ticker that you had been tracking for over a year to your subscribers because of unusual trading activity pointing to the strong possibility of the stock price going higher.
As this report shows I had been tracking this ticker for over a year.
promotionstocksecrets.com/ibzz-soon-to-be-cynk-technology-corp-updated-research-report/
A lot of work goes into finding, researching, and following these tickers to be able to provide the information needed to help people better understand them and how to trade them.
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nodummy Friday, 07/11/14 03:15:22 PM
Re: mr40 post# 611
Post # of 887
The alert at $.22/share was only to Promotion Stock Secret subscribers and nobody else. As I said before the ticker was alerted because we had been following it for over a year and so the volume that morning caught our attention. Here is our report from June of 2013
http://promotionstocksecrets.com/ibzz-soon-to...ch-report/
Nobody lost money from the alert. We continued to do almost daily updates to our members on the price action of the ticker after that.
I don't mind some credit for being on top of the ticker before anybody else but we definitely don't pump tickers to the public
The float is very big, but as a fresh ticker the entire float was controlled by insiders. They let very few shares hit the market keeping the retail float very small making it easier for them to control the share price.
In my opinion early on insiders traded shares back and forth among themselves to help manipulate the price up (wash trading) which is what drew in the interest of the public.
I think shorts were available up until a certain date, but what the insiders basically did was allow only a few shares to hit the market available for shorting. Once a bear took the bait and shorted the stock, the insiders cut off the shares not allowing them to cover. As the shorts tripped over one another trying to cover their position the stock went crazy as brokers forced people to cover due to margin calls. But again, no shares were available for them to cover their short position.
Basically the market manipulation grew into a crazy story and the stock took on a life of its own.
It is possible that yesterday after hitting $21.95 that the temptation for insiders to start selling more shares into the market was too much to resist and that combined with the slue of negative articles and negative publicity caused the price to start to fall apart.
Today the SEC suspended the ticker as they should have.
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nodummy Saturday, 07/12/14 02:19:48 PM
Re: janice shell post# 660
Post # of 887
I have a solid source that tells me that the key individual behind Legacy Global Markets is Gregg Mulholland.
Documents show that FINRA has already opened an investigation into Legacy Global Markets because of their involvement in past Awesome Penny Stock promotions as well as other pump&dump schemes. According to thedeal.com list of offshore brokers being investigated for their roles in pump&dump schemes include:
"Caledonian Global Financial Services Inc., Caledonian Bank Ltd. and Caledonian Securities Ltd. in the Cayman Islands; Clearwater Securities Inc. in Belize; Legacy Global Markets SA and Argus Stockbrokers Ltd. in Cyprus; CBH Compagnie Bancaire Hevetique SA and Bank Gutenberg AG in Switzerland; and Verdmont Capital SA in Panama."
http://www.thedeal.com/content/regulatory/wit...z37BOv5Num
Gregg Mulholland was named in litigation in the past for his role in the Rudy Nutrition (RUNU) pump&dump along with Pawel Dynkowski, Joseph Padilla, Chad Smanjak and others.