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P&D happens with penny stocks, where a small amount of interest can yield very real change. You can't P&D with any big cap. And the best part with P&D is that
by endorphone 7y ago
P&D happens with penny stocks, where a small amount of interest can yield very real change. You can't P&D with any big cap.
And the best part with P&D is that most everyone involved knew what was happening, but they played along hoping to get out before it peaks.
And it was very real. You could get the emails pimping whatever the OTC stock was and watch as it pumped up, pumped up, pumped up, and then crashed to nothing.
- gbronner 7y agoI had a lovely strategy of signing up with the stock promoters of Vancouver and South Florida and trying to short all of it. Worked nicely until someone published a paper on returns of spam stocks, at which point it died instantly.
- godelski 7y agoI'm aware of this, but the parent said they did an investigation and I'm asking if there was any actual foul play going on or just suspected.