I dunno, I just got an email about another penny stock offer and I became compelled to write this.
I’ll be honest, I don’t know what goes into a penny stock offer, but there are a few out there. Affiliates see an easy lead gen and push it, and all is well in the world. The advertiser, by all means, can be using the data wisely and within the law.
But when you’re dealing with stocks, you should know about a little old hustle called pump and dump.
I’m just saying the SEC can come down on motherfuckers pretty fierce (although, it can’t protect us from bankers. Like most government agencies, it has been gutted, bought, and sold [see EPA and natural gas],[see MMS and Gulf Oil Spill])
Waaaaaaaaah! Waaaaah My America!
Even though the SEC can’t protect the public treasury (your taxes) being robbed by the richest few (the ultra-wealthy in the financial industry), they can go after easier targets like some nerd in his moms basement.
And, theoretically, if some shit goes down where everybody is promoting it (see: berries)(then see: current networks emails pumping up penny offers), and if all that data is being abused (see: pump and dump), and it becomes a problem where mad people are complaining – THEN some shit would go down. The SEC would fuck shit up and send people to jail.
Well, that’s the worst case scenario. I would fear the SEC more than the FTC.
BUT! But!
If a year down the line, all of this shit comes true, here is where I say “I called it.”
Just don’t get too greedy kids.
/end boogie man.
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SEC is scary – just ask that guy from that business insider site…
If you were a Securities and Exchange Commission Supervisor, would you be the SECS?
Bro, I will keep pushing it no matter what and really hard, because….I have missed all acai craze with hidden terms, where bastards become reach overnight! Now it’s my fucking chance!!!
rofl
http://www.picksthatmakecents.com/news/penny-stocks/2010/06/29/penny-stock-chaser-shut-down/
great so never come to Mumbai otherwise you may Jail in my land
good Blog
They’ll never catch me. And if they do, they’ll never get across my moat.
The Atlantic Ocean is quite a big moat.
Don’t worry brah, I’ve got the whois protection on my domains and shit, I’m invisible.
WTF kind of network would promote a penny stock offer? I’ve yet to see one dumb enough to do that.
Srsly? These offers are all over the place, and they are crushing it.
Patrick, probably you dumb enough not to see lot of them run it already or will in few weeks.
I love that guy that posts everyday on his site that he made $5001.20 or something yesterday or his subscribers made 10,232.89 yesterday. Then you buy his $300 DVD course and find out its a bunch of crap.
sex offenders search
$12 dollars for an email submit? shit son, we ballin out the ass with this one my niggaz.
Where have you seen it for $12 ? Max I have seen is $8.40 for now.
Great post.
whatido: where can I find the 12 dollar email post?
Ryan, bring some $9+ offers to your network and I will run with you;)
Oh, shit, alrady running yours $10+ Great !
hey barman. as someone who actually IS SEC licensed. (7/66 and life/health) you are well informed to be concerned.
Great call.
I dont know the mechanics behind this one offer. BUT, you are right.
If enough people get burned and the SEC gets called in this will make Acai slaps and Visa slams look like nothing.
Remember, they have to get that debt payment from somewhere and only 2 options.
TAXES
&
FINES
be careful out there
ill just leave this here
fines < 10*(income from penny stocks)
What’s funny is that the SEC always goes after the little guy, never the big guys… they’re run by the big guys, so how else do you look like you’re doing what you’re supposed to do? Go after the little guys. Pretty easy.
Some couple in Canada just got raped from owning a pennystock offer. Check out http://search.sec.gov/secgov/index.jsp and do a search “Penny Stocks 2010″ read some crazy shits…
I don’t think they owned any offer, they were just doing an old school pump and dump – receiving stock in return for pumping and not using proper disclosures.
link to first vid??