BDPS is far from it! Not even in the bush leagues
I have been studying "pump and dump" (plus many other related scams the same people often do) and I can say with confidence virtually every free newsletter is involved with PD at least several time a year. Most just as paid (stock and/or cash) advertisers to pump a stockbut a few are BIG operations owning or controlling a dozen, or more, newsletters. I don't want to get sued so look up www.bluewaveadvisors.com and stock symbol CRWE. You be the judge. I have nine other such "mega-operations" on a list of which I am piecing together their complex conglomerates. For instance CRWE boosts owning over a thousand domain names they can use to "market" a stock"! Both can do everything from start to finish. CRWE has even seen their own stock "gap up" 1000% after ten newsletters (they happen to own) all "market" CRWE with fluff news the night before. One even controls Stockreads of which their chat room participants lambasts PD!! They also control www.hotstocked.com in which you will find "reviews" of past PD's and (I think) PD's in the making. Amazing of their 800+ reviews if the fine print says Hotstocked was paid to review the company - it glows! If NO $$ - the company stinks! 100% of the time. Amazing! Some would call that extortion if proven but I'm sure it is just amazing twist of fate!
PCS was a small player whose only offense was they were small and too successful. There are not enough almost dead companies but with money or "non-affiliated third parties" with bIG $$ or megashares of stock out there to feed the 1,100+ newsletters. Their disclaimer said just what all the others do. PCS made stocks move! They had happy PD customers! But other newsletters who only did blah luke-warm hypes often caused nothing to happen. Unhappy customers! PCS had PLENTY of cash paying customers! RARE in this business. PCS and other "successful" PD "facilitators" also used Twitter, SMS, all the IM's and the new "supernuke" invention called "chatbot". A chatbot" "infects"chatrooms and is remotely controlled by the hypers to throw in hypes every so often about the stock of choice. They are just like malbot viruses because that is what they are! Try to talk to a chatbot - they will NEVER answer! It's a computer! After a day of most open chat rooms filled with brief one liners posting comments like "wow, look at XZYZ go!! buy some quick!" or "XZYZ press conf w/HUGE news @ 10 AM - BUY NOW!" the stock is further hyped. Same with automated messages that go out in IM's, Twitter, etc. but harder to break through firewalls. The open chatrooms are the prized target of choice. Read any chatroom and you'll soon learn to spot chatbot automated hypes. A differnt hype each time but time the hypes. Every, say, 437 seconds or whatever. All generic hypes written to fit any stock. Totally illegal of course. Problem with chatbot, IM's, Twitter, etc. is no disclaimers! Or they'd be legal!
W/20K+ stocks in play impossible to catch PD coming but if you spot it quick enough when it hits you MAY be able to short (I manage that on about one out of every ten). 100% profitable if you do short it. Only current (maybe) PD in the works I know of is NTMG only because it is so big and so slow and they have hidden nothing. PCS was too successful and rang the bell on too many of the PD players w/cash to spend so they got ganged up on and the SEC took them down. But I have detailed records of ones FAR worse. Yes, I make money on PD by (rarely) guessing correctly on a PD BEFORE dump day and unload my .001 stock for a nickel or I catch a PD stock on dump day of which the stock can be found to be shorted and the runup is slow enough to get to buy then sell then short. Guaranteed profit if you catch it just right. Darn hard to do! Know in advance and you can make millions! Look at the $2.4 mil the SEC said PCS made. And they were small single NL players! Think what these conglomerates with a dozen PD's in the works at all times make! HUGE money!
I had thought of writing a book about this with all I and a half dozen volunteer helpers have found but we value our kneecaps so -- I'm assuming a few PD/"stock marketing awareness" people are reading this. Be assured all I have is NOT going to the SEC but copies are in the hands of almost a dozen other "investors" who are all using the information to follow behind these crooks (- crooks? ethically at least as if they have their disclaimers worded JUST right - they are legal - just not ethical). So you're safe from me and my (about) 500 pages of notes and diagrams outling the massive interlocking world of pump and dump. Counting all of the money spent to pump stocks then all the money investors (victims) lose as the worthless paper is dumped on them it adds up to WAY over a billion dollars a year. THIS IS A HUGE INDUSTRY! Am I the first one to really dig into it and study it carefully? Apparently so! As I say, I am NOT going to the SEC (they care zero about the "little guy" - PCS was a special case). You are all safe from me. I just make more and more money as I turn over rocks learning more about your huge business. IF there are others who are also studying this "industry" please contact me to exchange information! gyantis@gmail.com
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Comments on this Review
This is the dumbest review I have ever read. First, he mis-spells the abbreviation of PennyStockChaser as PCS not PSC, and none of this directly relates to BestDamnPennyStocks.
"Me Thinks He Doth Protest Too Much". If my (typing too fast) typo that turned PSC into PSC is one of the reasons for my comments to be "This is the dumbest review I have ever read" may I respectfully suggest you may want to read more often.
BTW - I will miss PSC as of the stocks I could borrow to sell short they ALL made me money! Out of 42 stocks they hyped late April to Mid-May all 42 have gone down! I could only borrow ten. I'll cover the last two this week. 100% success rate! Can't beat that!
I felt this subject had to do with more than the review of one of 1100+ free newsletters but the rapidly growing business of "pump and dump" and its many variations. Without directly pointing fingers I hoped to give others food for thought of what is costing "investors" (victims) as much as $100 million dollars a month (IMO). This practice has totally gotten out of hand. Sorry, too late to ban me from the Tim Sykes service ( I quit this week) and I assume this will be my last allowed post on Investimonials and the other related sites that are growing into a conglomerate (BTW - you do no illegal P &D activity that I've found).
I've made money on your and Tim's trades and I've lost money. Honestly, I do better on my own but mostly enjoyed watching others trade. Sorry if I offended you so much - wow! I can't think of anything I've read in ten years I'd tag with that line! IF I am still allowed to still review on this site - I'll think I'll just read for a few months. P&D is now BIG business and reviewing one of 1100+ newsletters is a slow way to investigate it. At the same time I've put together a 600 page detailed and complex interlocking matrix of pump and dump that includes over a dozen major conglomerates and 500+ newsletters. THAT is what needs to be pursued. Until then it is difficult to believe the recommendations of any service - even the paid ones.
Yes, I know -- "banned".
BTW - The SEC has a 10% "whistle blower" (totally anonymous) reward system for arrest and conviction of people such as pump and dumpers. PSC took in FAR more than $2.4 million! One publicly held primarily pump and dump company has net assets north of $100 million dollars. My investigation of "pump and dump" and their MANY related innovations of which they reap millions a week from is not just being a good citizen! 10% of all the assets the courts find and prove came from their crooked activities goes to the whistle blowers. There HAVE been whistle blowers on stock scams before but the SEC is good to their word - totally anonymous). There's more than one way to get rich!
I am skeptical that Crown Equity Holdings owns hotstocked.com - can you provide proof?
Here's what hotstocked.com says about Crown Equity Holdings: "Crown Equity Holdings, Inc. currently has no significant operations. The company is completely out of money and seeks opportunity for acquisition." This is on a page titled "Crown Equity Holdings, Inc. CRWE Investment Warning": http://www.hotstocked.com/companies/c/crown-equity-holdings-inc-CRWE-70817.html
Does that sound to you like something a subsidiary would say about their parent company?
I wouldn't disagree that hotstocked probably has big positions in the stocks they talk about, but I have gotten some great leads from them for potential stocks to short.
