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The list is two clicks away, buried a couple paragraphs deep, here's the copy paste of what everyone is looking for Bebida Beverage Co. (BBDA); Blue Sphere Co
by kristopolous 6y ago
The list is two clicks away, buried a couple paragraphs deep, here's the copy paste of what everyone is looking for
Bebida Beverage Co. (BBDA);
Blue Sphere Corporation (BLSP);
Ehouse Global Inc. (EHOS);
Eventure Interactive Inc. (EVTI);
Eyes on the Go Inc. (AXCG);
Green Energy Enterprises Inc. (GYOG);
Helix Wind Corp. (HLXW);
International Power Group Ltd. (IPWG);
Marani Brands Inc. (MRIB);
MediaTechnics Corp. (MEDT);
Net Talk.com Inc. (NTLK);
Patten Energy Solutions Group Inc. (PTTN);
PTA Holdings Inc. (PTAH);
Universal Apparel & Textile Company (DKGR);
Wisdom Homes of America Inc. (WOFA).
The SEC also recently issued orders temporarily suspending trading in:
Bangi Inc. (BNGI);
Sylios Corp. (UNGS);
Marathon Group Corp. (PDPR);
Affinity Beverage Group Inc. (ABVG);
All Grade Mining Inc. (HYII);
SpectraScience Inc. (SCIE).
- dj_mc_merlin 6y agoDoes not include GME. Obviously they didn't want to let that make the headline go to waste..
- itsoktocry 6y ago>Does not include GME. Obviously they didn't want to let that make the headline go to waste.. What in that headline implies anything about Gamestop?
- dj_mc_merlin 6y ago"social media" obviously. With the heavy news coverage on WSB and GME the mind goes to that when reading the headline.
- nerbert 6y agoNothing but the "suspicious social media activity" not being clearly defined would lead one to think that GME would be included in the list, GME being the focus of wsb for some time now.
- xiphias2 6y agoThe article had GameStop in it, although SEC was doing the good thing, and stopping trades where the companies were violating securities rules.
- kristopolous 6y agoor naked, amc, sunw, blackberry, none of them. Not only but if you search reddit for these stock tickers you'll see very little other than the suspension notice. Take HLXW for instance - 1 mention in the past year. (https://old.reddit.com/search?q=HLXW&restrict_sr=&sort=relevance&t=year https://old.reddit.com/search?q=HLXW&restrict_sr=&sort=relev...) The exceptions to this are PTTN & BLSP, which both have some low vote count posts - but there's always some brigade trying to pump something on reddit, why not the 100 or so other tickers as well? PTTN and BLSP for instance, is listed amongst 'IGEN HPST GRNF IPNFF VMNT RNWF SHMN ZNOG COUV VISM CBBT BRTX ISWH TSNP ENZC PUGE ATVK BRLL NECA OPTI GMEV TTCM PMPG TSPG OZSC FORW BLSP GTLL PTTN VPER AGGI CTLE BLDV NWTT PVDG UATG MICT RSSV PPBT AKBA DSGT GRCV NAKD ACB ALPP BLSP GM TRUP' in 2 posts, what about the others? - feel free to cross-compare the list btw, I did. Those are the only 2 crossovers. A direct link to the hype post: https://old.reddit.com/user/pennystockguyz/comments/lf8zhg/hpmm_strong_buy_top_marijuana_stock_to_buy_today/ https://old.reddit.com/user/pennystockguyz/comments/lf8zhg/h... The claim of 'the latest in a string of temporary trading halts amid volatile trading in so-called “meme stocks.”' needs more information. Does the SEC have some criteria that doesn't include reddit (for instance, some scammer paying for facebook ads to unsavvy investors claiming "HLXW is the next gamestop")? The SEC in https://www.sec.gov/litigation/suspensions/2021/34-91213.pdf https://www.sec.gov/litigation/suspensions/2021/34-91213.pdf uses the words "certain social media accounts may be engaged in a coordinated attempt to artificially influence their share prices." alright, let's take it on good faith. It's not happening on reddit. Somewhere else maybe? The only thing I can find is on twitter. The political class likes to pretend people care about twitter wayy more than they actually do. If you look for say, HLXW and let's just pick PTTN https://twitter.com/search?q=HLXW%20PTTN&src=typed_query&f=live https://twitter.com/search?q=HLXW%20PTTN&src=typed_query&f=l... and scroll scroll scroll you'll see a few mentions, is that it? Things like this? https://twitter.com/AlexDelarge6553/status/1360597964171980801 https://twitter.com/AlexDelarge6553/status/13605979641719808... ... there's our IPWG, MRIB, BBDA and EVTI, we have 6 matches in that post. If this was a source, what about the others 16 in that list? Even if it's some incompetent DC person impressed by 24 retweets, it's still only a 27% crossover. Is it this And weird trading patterns? Do they have some undisclosed tripwire model with conditions (say, some X trading pattern followed by some Y "influence metric" followed by some Z pattern?). And if this exists, shouldn't there be some disclosure so that innocent investors know what to avoid and when to divest? I always check reddit before I invest to make sure there's not some hypetrain bubble behind the security. Also there's real people behind all these companies who, I assume, are just trying to do an honest job of overseeing waste management facilities or whatever these companies do. I'm sure they don't appreciate scammers playing around with their stock and getting it suspended and thus probably scaring off their actual investors. Whatever it is, this isn't the full story.
- martamorena2843 6y agoWhy would it? You can't suspend stocks because outsiders have suspicious social media behavior lol. We are not in the medieval ages, even though it sometimes seems that way. You can suspend them if insiders have suspicious social media behavior.
- dj_mc_merlin 6y agoI do not think it should include GME. I was pointing out the misleading headline. > You can't suspend stocks because outsiders have suspicious social media behavior lol That is exactly what is happening right now, you realize? They are suspending them because of possible P&D schemes run by outsiders to those companies.
- kaminar 6y ago50 years too late...this has been going on forever...they never investigate penny stocks or their broker ilk...pump and dump
- lr1970 6y ago"Wolf of Wall Street" with Leonardo DiCaprio vividly shows wild west of pump and dump schemes in late 80s - early 90s. The movie is based on a true story of Jordan Belfort who finally went to jail. But today's SEC lost most of last teeth they have had in the 90s. I doubt anyone will go to prison for the modern day pump-and-dump and Ponzi schemes (Bernie Madoff was the last one).
- vmception 6y agoThe SEC didn't really lose its teeth, everyone else used all the prior court filings and outcomes as instruction manuals on how to accomplish the same things compliantly Most of that time that just means a slightly longer disclaimer, or the timing of a transaction, or not talking about your awareness of a specific regulatory nuance
- xyst 6y agothese are penny stocks, not surprised. actually most of them are sub-penny stocks. surprised they are still listed for public trading. very easy to do a "pump and dump" scheme especially in the digital or social media age
- kristopolous 6y agoThey're on OTC (over the counter) markets, see https://en.m.wikipedia.org/wiki/OTC_Markets_Group https://en.m.wikipedia.org/wiki/OTC_Markets_Group This isn't NYSE or NASDAQ. Not all retail brokerages support OTC markets although it's become much more common in the past year or two. Even then it's usually partial support. Here's the instrument list https://www.otcmarkets.com/corporate-services/company-directory https://www.otcmarkets.com/corporate-services/company-direct... They've been generally discouraged (and thus not supported) for retail investors due to their complexity and risks, similar to derivatives and futures, which are still quite exotic to find in retail brokerages You can also get foreign stocks over the counter (select by country from the link above). There's an ADR 30 similar to the DJIA index. You've likely heard of many of them https://en.m.wikipedia.org/wiki/OTCM_QX_ADR_30_Index https://en.m.wikipedia.org/wiki/OTCM_QX_ADR_30_Index . You can say, invest in Lenovo or Fujitsu via OTC. It's not everything, but it's the ones people are generally interested in. It's exotic because if Lenovo doesn't move but say the Yuan does, then your dollar value does too. Also there's different fee schedules often for foreign investors (that's you here), etc. The complexity tries to be smoothed out by the brokerages (firstrade has offered otc since 2010, recommended if you want to give OTC a try* ) but it's not as simple as buying a bit of General Motors And lastly, some, like Taiwan Liposome Company (TLC), get traded on NASDAQ using ADR schemes (https://www.investopedia.com/terms/a/adr.asp https://www.investopedia.com/terms/a/adr.asp) * - shameless signup referral for a free stock: https://share.firstrade.com/CHRISTOPHVR08 https://share.firstrade.com/CHRISTOPHVR08 ... If you were going to try it anyways, might as well
- phire 6y agoI picked one, EHOS. The price has been a solid $0.00 for over six years. 100% worthless Then a few days ago it suddenly jumps to $0.0013 Sounds like the SEC have found a bunch of social media accounts in the early stage of doing a classic Pump & Dump on worthless penny stocks. Nothing at all to do with WSB
- Lammy 6y agoSounds more like the SEC have found a bunch of worthless penny stocks they can use to justify some new rules and regulations that will also conveniently affect the stocks that have been all over the news without directly citing those stocks since that would surely cause an uproar.
- tarboreus 6y agoDing ding.
- deleted 6y ago[deleted]
- celticninja 6y agoYeah, it's like "yes we stopped GME being traded but also all these others, we aren't focussing on one stock here"
- kryogen1c 6y agothe sec didnt stop gme trading.
- celticninja 6y agoYet, is my point. If they do then they can say "Gme is not a special case"
- creddit 6y ago
- vmception 6y agowhew my jaw dropped at that headline but its ok