This is topic Penny Stock Scams Listed Here in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.


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Posted by Repoman75 on :
 
Please make this a sticky.

I am posting this to help out the rookies who come on here and sometimes are sucked into stocks like SMMW with illusions of gold. However, us old time traders who have been around the block know about these scams and just laugh or feel pity on the new investors.

So, why not just advertise the scams? Granted, these are NOT recommendations to buy or sold... money can still be made on scams (dead cat bounces). These are merely ADVISORIES to watch yourself.

I will start with the most obvious, but if anyone wants to post anymore, feel free. Try to include some history (R/S history, fake PR's, etc.) to backup your claims:

1. CMKX - no history needed
2. QBID - dilution upon dilution.
3. SMMW (formerly PRRM) - 80 billion shares outstanding, enough said.
4. PYCT (formerly MLON) - supposedly got rid of Mario Pino, but I'm still wary.
5. NCDP - I lost a ton on this. Product is no longer being sold anywhere except Ebay for 1/4 the price.
6. PGPM - lies upon lies in their PR's...
 
Posted by Repoman75 on :
 
VMDG - 10,000:1 RS
Previews ticker: VWKM
 
Posted by trade04 on :
 
MODC (formerly MOTG) STTK
 
Posted by Schwabie on :
 
VMDG (VWKM ) 10,000:1 RS

$1,000 turned into $90 at current PPS !
 
Posted by Schwabie on :
 
JMCP on its way...

48 billion shares outstanding out of 50 billion...

Diluting until it reaches 50 billion, after that who knows.


Increase O/S over 50B.. I think so !
 
Posted by Schwabie on :
 
Don't forget WNSH !

Good information here:

http://www.allstocks.com/stockmessageboard/cgi-bin/ultimatebb.cgi/ubb/get_topic/ f/8/t/024049.html?
 
Posted by money 76 on :
 
igss.pk big scam .

website does not show anything .
 
Posted by PaliMike on :
 
wnsh for sure!
 
Posted by matto on :
 
ALL that end in .PK or .OB. lol
 
Posted by Relentless. on :
 
BKMP
CMKX
AFRR/AFRT/whatever they are now
PTSO
JRSE
IBII
STKR
PLNI
SLJB
NDOL
MLON
QBID
Matto is right
Anything that ends in .PK or .OB
 
Posted by IMAKEMONEY on :
 
ALL that end in .PK or .OB. lol,Nice Matto.
 
Posted by Repoman75 on :
 
Now now, .OB is where you make your money long term.

See - FRPT.
 
Posted by golfman on :
 
QBID had like in the trillions of shares I think. How can anyone actually wanna buy that stock?

It was talked about on here 24 hours a day people loved it though.

If QBID actually made money the stock would still be worth nothing unless they did like a 5,000 reverse split or higher.

WHy did anyone invest in that company?

Best future potential stock is GZFX. Even if they did a reverse in future, you would still own thousands of shares since it is so cheap right now. Anyone that can get a deal with Circuit City and Mcdonalds you gotta respect a little.
 
Posted by Relentless. on :
 
Golfman, GZFX is a scam as well.
Constant dilution.. sure not in the hundreds of billions of shares.. but still a failing business.
Notice they aren't in the Sunday circulars anymore.. now it's GameTap...
 
Posted by Livinonklendathu on :
 
RVEM -- Raven Moon Entertainment, Inc.
 
Posted by golfman on :
 
Oh my God. How can you even say that??????? You must be a new penny investor.

Yeah the Circulars will kill them. They only now have a tour bus going around the country and contest with partners Mcdonalds and Microsoft and will pick up thousands of potential subs.

Guy get a clue will you? The dilution means nothing when you have a growing company and the potential of being bigger then Netflix soon enough.

Dilution with a company with no revenue and no future plans is totally different.

I would bet that Gameznflix will be on Nasdaq in less then 3 years from now and the subs will pick up big.

Lets see who is right on this. Im still gonna be here in 2007. Don't run from here when you are proven wrong.
 
Posted by Relentless. on :
 
Been here longer than you golfman
 
Posted by IMAKEMONEY on :
 
QBID had like in the trillions of shares, 350 billion.
 
Posted by will on :
 
Hey Relentless, you newbie, you. LOL

Get a clue will ya ! LOL
 
Posted by will on :
 
Hey goofman :

GZFX from the latest form 10 : As of June 30, 2006, the Company had 4,305,595,218 shares of common stock issued and outstanding.

WOW! Just noticed a SB2 open also for 5,836,435,851

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename %3D0001094328%252D06%252D000049%252Etxt%26filepath%3D%255C2006%255C03%255C30%255 C&symbol=GZFX

That will bring it to a nice round 10B.

Oh! Wait! there was a Form 4, an inside buy for 5M. LOL
 
Posted by Repoman75 on :
 
Golfman is GZFX's newest pumper. 1 star for him.
 
Posted by Schwabie on :
 
quote:
Originally posted by Relentless.:
BKMP
CMKX
AFRR/AFRT/whatever they are now
PTSO
JRSE
IBII
STKR
PLNI
SLJB
NDOL
MLON
QBID
Matto is right
Anything that ends in .PK or .OB

LMAO.. NOW THATS FUNNY !
 
Posted by will on :
 
Man oh man, you put PLNI on the list of scams. Chopper and Bearclaw gonna be mad at you.

Bearclaw will be over here saying, "Holy crap, Chopper, PLNI is on that new guy Relentles' scam list".

HOLY CRAP, CHOPPER -- One of my favorites.
 
Posted by Relentless. on :
 
He'll call me the worm again..lol
 
Posted by will on :
 
Yea, PLNI is a Fortune 500 company in disguise according to Bearclaw. The worm and the offshore evil cabal has shorted it to .0012. Evil doers at work. has nothing to do with the almost 5B O/S with more dilution ocurring every day. Bet they're still diluting. Maybe I'll asked Green (tooth) Baron to explain the drop in price.
 
Posted by tompom on :
 
cool thread repo!
matto hit the nail on the head
they are ALL scams!
but fun to trade...lol
surprised nobody mentioned GWGO
or how about PTSH?
the glovebox, yeah,right!
or remember CNES
and everybodys favorite scam USXP
lmao!
 
Posted by will on :
 
I think this guy is trying to reply to your list, Relentless :

http://www.allstocks.com/stockmessageboard/ubb/ultimatebb.php/ubb/get_topic/f/8/ t/024204.html

http://www.allstocks.com/stockmessageboard/ubb/ultimatebb.php/ubb/get_topic/f/8/ t/024205.html

http://www.allstocks.com/stockmessageboard/ubb/ultimatebb.php/ubb/get_topic/f/8/ t/024203.html

Sharp ! I want to follow his advice !
 
Posted by Relentless. on :
 
Yeah I see him fumbling through the board.. seems pretty happy about NDOL for some reason.
Can't wait to follow his trades...
Sharp as a marble alright.. one that's been under the couch for a decade and coated heavily with fuzzies.
 
Posted by will on :
 
Well, at least he can't reply to us, (without opening a new thread). It's getting too easy here.
 
Posted by Relentless. on :
 
Like T-Ball
 
Posted by will on :
 
Well, I better quit before some newbie do gooder comes in and tells me how insensitive and rude I am to his friend. Think one guy told me I was nasty to his poor little buddy. Seems he had an urge to open a new thread every 12 seconds whether it was needed or not. This poor guy is just LOST.
 
Posted by JerZeyDeViL on :
 
KSWJ for sure! Garbage!
 
Posted by CashCowMoo on :
 
i dont think BKMP is a scam
 
Posted by JimSC on :
 
All otc stocks are scams - but
the MMs can convert a scam into
gold. Just make sure you play
on the MMs' side. See how they
play with BKMP this week.
 
Posted by stocktrader22 on :
 
Relentless

SLJB is not a scam yet, we don't know
 
Posted by Burn on :
 
I thought I clicked on Allstocks don't know how I ended up on Raging Bull
 
Posted by JimSC on :
 
Don't wast time in finding which stocks
are scams, just try to find out which
one is going to be played by the MMs and
join them.
 
Posted by BooDog on :
 
http://allstocks.com/pinksheetstock/Pink_Sheet_Stock_Beginners_Inf/pink_sheet_st ock_what_investor.html
This thread should be sent back to the newbie section.
Any stock in the micro thread is a potential scam.... your job is to prove anyone of these isn't, and then no one will believe you anyway.

Good luck.
 
Posted by golfman on :
 
Once again for you slow guys on here who don't understand it.

THE HIGH OS IS FINE AS LONG AS THE COMPANY IS GROWING AND OFFERS A GREAT PRODUCT.

Gameznflix can save people over $100 per year in rental fees since they offer games for rent and not just movies.

Most of the stocks mentioned above had a high OS and no products , no revenues and fake pr's.

Get an education! You have a penny stock in front of you that can be bigger then Netflix and you still don't see it?

Who is the idiot now? Stop buying the scam stocks and learn to find a real growth company like I did.

I follow Gameznflix all the time. 2007 is gonna be a huge year.

Drop your egos and buy it before you miss out on it.
 
Posted by dollar13 on :
 
All OTCBB and OTC are SCAM as soon the PPS start going down ...


LOL

IMHO.
 
Posted by mad tony on :
 
hey chaddyshack,
Who's paying you to pump gzfx? lol
Have you even tried their service?
 
Posted by golfman on :
 
These guys on here have invested in so many scam stocks that I think they can't tell a great company even if it is right in front of them.

All I see pumped on these boards for the last few years are companys with no product no revenue false pr's and near a trillion shares OS on some.

Patience is important in the pennys. You must hold the good ones until they hit the Nasdaq. Don't look for the quick buck.

Sirius was on the OTC for years before they hit the Nasdaq.
 
Posted by Repoman75 on :
 
SIRI was a BB, never a pink. Pinks go to grey. Some BB go to NASDAQ.
 
Posted by dollar13 on :
 
one of the biggest


I P R E
 
Posted by BooDog on :
 
It's all scam... stop trading!
AAAAAAAAAHHHHHHHHHHHHHHH!!!!!!!!!
 
Posted by BooDog on :
 
Golfman what ID were you before?
I don't think the GZF whatever is gonna catch on
GZFX looks like a shakerzzz stock. Maybe getting ready for another blow out? Glad I don't change diapers anymore...ewwwww!
 
Posted by Jo4321 on :
 
WGFL now WGLE


Jo
 
Posted by rimasco on :
 
AWBV
AWBV
and AWBV
 
Posted by derek111c on :
 
Video on demand will kill them both.
Companies like Verizon and SBC (new AT&T) are running a new infrastructure (Fiber to home). Imagine being able to search a digital library consisting of 1000s of movies for a reasonable fee that can be downloaded in seconds and watch whenever you want (not like pay per view). This technology will likely be available in the next 3-5 years. With this technology why would anyone want to waste their time with mailing movies back and forth or going to the video store? The war between phone and cable companies will consist of a battle of speed and bandwidth and then content.


quote:
Originally posted by golfman:
Oh my God. How can you even say that??????? You must be a new penny investor.

Yeah the Circulars will kill them. They only now have a tour bus going around the country and contest with partners Mcdonalds and Microsoft and will pick up thousands of potential subs.

Guy get a clue will you? The dilution means nothing when you have a growing company and the potential of being bigger then Netflix soon enough.

Dilution with a company with no revenue and no future plans is totally different.

I would bet that Gameznflix will be on Nasdaq in less then 3 years from now and the subs will pick up big.

Lets see who is right on this. Im still gonna be here in 2007. Don't run from here when you are proven wrong.


 
Posted by Hustla on :
 
Geez too many to mention but can we sayyyy:

PCLO
PCLO
PCLO

Pacel Corp reverse king POS!! I think we'll all concur
 
Posted by derek111c on :
 
I got one

WNSH

This is also a RS master
 
Posted by jp on :
 
golfman, 95% of what you are reading is worthless dribble. In this thread (and others) i would listen to JimSC. "In my opinion". jp.
 
Posted by Wilder on :
 
Derek check out RLTR as related to your post(not a scam). Back on topic, I lost (thankfully) only a couple hundred on KSWJ.

quote:
Originally posted by derek111c:
Video on demand will kill them both.
Companies like Verizon and SBC (new AT&T) are running a new infrastructure (Fiber to home). Imagine being able to search a digital library consisting of 1000s of movies for a reasonable fee that can be downloaded in seconds and watch whenever you want (not like pay per view). This technology will likely be available in the next 3-5 years. With this technology why would anyone want to waste their time with mailing movies back and forth or going to the video store? The war between phone and cable companies will consist of a battle of speed and bandwidth and then content.



 
Posted by mdofmny on :
 
yeah awbv is a HUGE pos scam. I am still sitting on millions of shares that are worth jack......i am just writing that one off
 
Posted by Superbee383 on :
 
This link, though at another forum has great information about repeat offenders of reverse split repeat offenders. http://www.investorshub.com/boards/board.asp?board_id=3017
 
Posted by stockmanforlife on :
 
AMZB.......is a big time scam.....related to APPI!!!!! what a joke
 
Posted by TruthLiesWithin on :
 
Any company run by a Daniel Duffy.

Or Pr'ed by a Lisa Blackstock.

Or operated by a Atul or Puja Mehta.

Or a Tony Cataldo.

I have more, but this list is the grandest of all scam artists!

I wonder how many others know what I mean.
 
Posted by JimNor35 on :
 
You guys on this board call pink sheet scams really need to get a life. What are you trying to do. I mean damm traders lose money on stocks everyday, but they move on. You guys should be talking about the winners and trying to catch the next monster run. I have stocks in some of these companies but dam if they don't make it so what move to the next stock that will run.

You guys need to get over it and move on.
 
Posted by T e x on :
 
Jim,

simply folks trying to watch each others' backs...
 
Posted by will on :
 
I agree, Jim. Tell ya what, why don't you start the ball rolling. Let's say you pick two stocks under .02 per week that you feel sure are winners. You take the month of September, and I will follow you for the month of October. You can start a thread before Friday, "Jim's Sept Winners". One thread, at least two picks per week, more if you like. You have to have a 75% winning record for one month though, winning is 20% over your alert price, within a 3 week period.

I'll be looking for the thread, thanks.

quote:
Originally posted by JimNor35:
You guys on this board call pink sheet scams really need to get a life. What are you trying to do. I mean damm traders lose money on stocks everyday, but they move on. You guys should be talking about the winners and trying to catch the next monster run. I have stocks in some of these companies but dam if they don't make it so what move to the next stock that will run.

You guys need to get over it and move on.


 
Posted by will on :
 
Oh I forgot to mention what you win. You will win the right to tell people here :

"You guys on this board call pink sheet scams really need to get a life."

"You guys need to get over it and move on."

Until then, Jim, stfu. OK .
 
Posted by MotorCityMadman on :
 
CSJJ...danger...Will Robinson...danger!!!
 
Posted by Superbee383 on :
 
quote:
Originally posted by will:
Oh I forgot to mention what you win. You will win the right to tell people here :

"You guys on this board call pink sheet scams really need to get a life."

"You guys need to get over it and move on."

Until then, Jim, stfu. OK .

LMAO! Well said Will :-) High five!!
 
Posted by T e x on :
 
[Big Grin]
 
Posted by Upside on :
 
quote:
Originally posted by will:
I agree, Jim. Tell ya what, why don't you start the ball rolling. Let's say you pick two stocks under .02 per week that you feel sure are winners. You take the month of September, and I will follow you for the month of October. You can start a thread before Friday, "Jim's Sept Winners". One thread, at least two picks per week, more if you like. You have to have a 75% winning record for one month though, winning is 20% over your alert price, within a 3 week period.

I'll be looking for the thread, thanks.

quote:
Originally posted by JimNor35:
You guys on this board call pink sheet scams really need to get a life. What are you trying to do. I mean damm traders lose money on stocks everyday, but they move on. You guys should be talking about the winners and trying to catch the next monster run. I have stocks in some of these companies but dam if they don't make it so what move to the next stock that will run.

You guys need to get over it and move on.


Can I have November?
 
Posted by will on :
 
No Upside, you cannot have November. The next winner you pick will be your first. Just watch, it's safer for you.

LOL
 
Posted by Upside on :
 
quote:
Originally posted by will:
No Upside, you cannot have November. The next winner you pick will be your first. Just watch, it's safer for you.

LOL

Thank you! I figured if I was given November I'd be in deep chit.
 
Posted by T e x on :
 
how about *next* November...

we'll call it "Thanksgiving" ???

wuddya think?
 
Posted by Upside on :
 
I'm up for that. November 2007 is my month. I'll make sure no one has any money left for Christmas.
 
Posted by will on :
 
I might try it in October. Let me think about it. Finding winners lately has been pretty skinny. The Summer was brutal on my system. Let me live through Spetember and see if it comes back to form. If nothing else it will give everyone a thread to tell me what a pos I am.
We'll see.
 
Posted by Upside on :
 
Posted by Will:
quote:
If nothing else it will give everyone a thread to tell me what a pos I am.
I look forward to that and will be a major contributer to the thread! [Big Grin]
 
Posted by will on :
 
I look forward to it. I'll even raise the bar. A winner is a 25% gainer within three weeks of the alert price.

quote:
Originally posted by Upside:
Posted by Will:
quote:
If nothing else it will give everyone a thread to tell me what a pos I am.
I look forward to that and will be a major contributer to the thread! [Big Grin]

 
Posted by Upside on :
 
quote:
Originally posted by will:
I look forward to it. I'll even raise the bar. A winner is a 25% gainer within three weeks of the alert price.

quote:
Originally posted by Upside:
Posted by Will:
quote:
If nothing else it will give everyone a thread to tell me what a pos I am.
I look forward to that and will be a major contributer to the thread! [Big Grin]

Does that mean a 24% gainer is a loser?
 
Posted by T e x on :
 
yup, 24% gainers we keep to ourselves... [Razz]
 
Posted by deltaray on :
 
Good Idea of such a thread. But for every scam, a good reason should be posted why it is scam, not just a huge list with now proof why it is scam at all.
 
Posted by Repoman75 on :
 
quote:
Originally posted by deltaray:
Good Idea of such a thread. But for every scam, a good reason should be posted why it is scam, not just a huge list with now proof why it is scam at all.

That was my intention... now my great idea has become a brothel of comedy.
 
Posted by will on :
 
Why has it become "a brothel of comedy"?
I'll even add a degree of difficulty to the challenge. The stock has to be selected BEFORE the run begins. In others words, if it has moved up before it is alerted it is disqualified. It has to be alerted before it moves. My intention was to post after the close, or late afternoon.
None of this, it's already running and everyone misses the first 20 to 30 % of the action.

quote:
Originally posted by Repoman75:
quote:
Originally posted by deltaray:
Good Idea of such a thread. But for every scam, a good reason should be posted why it is scam, not just a huge list with now proof why it is scam at all.

That was my intention... now my great idea has become a brothel of comedy.

 
Posted by Chopper on :
 
quote:
Originally posted by Repoman75:
quote:
Originally posted by deltaray:
Good Idea of such a thread. But for every scam, a good reason should be posted why it is scam, not just a huge list with now proof why it is scam at all.

That was my intention... now my great idea has become a brothel of comedy.
Agreed Repo and delta! It appears personal vendettas and childish comments are in vogue. A little DD would be refreshing these days rather than the same old pump and dump or bash and crash.
 
Posted by Repoman75 on :
 
Huh? I'm talking about SCAM stocks here, not a stock picking thread! Stop hijacking my threads!!

By the way, what's your pick today?
 
Posted by will on :
 
Oh, sorry. I misunderstood you. Didn't mean to hijack your thread. I will cease and desist immediately.

Didn't really like anything I saw last night well enough to play it. Two to watch, suspecting they might go lower :

REDI
UCSY
 
Posted by Repoman75 on :
 
Lower??? We need higher man, HIGHER. I'm not an MM, I can't short OTC.

I'm just busting on you will... good job in putting that clown in his place.
 
Posted by Repoman75 on :
 
Add PDSC to the list.
 
Posted by CashCowMoo on :
 
quote:
Originally posted by JimSC:
All otc stocks are scams - but
the MMs can convert a scam into
gold. Just make sure you play
on the MMs' side. See how they
play with BKMP this week.

thats a pretty ignorant statement
"all OTC stocks are scams"
 
Posted by TruthLiesWithin on :
 
A scam is one where the SEC and FBI take several years to investigate a company, and not give you any answers other than "We know this is a scam, but there is nothing we can do at this point"

I have heard it first hand. I know, because I initiated a few queries.
And this is what I was told.

So their the real scammers...
Or, everything is a scam, just some less than others:)

Or,,,,,,,,
Any stock that tanks for a day,,,,,,,is instantly a scam,,,,,,but if the same stock goes up 200 percent, it was the greatest stock ever....
 
Posted by MoneyMoneyMoney on :
 
quote:
Originally posted by CashCowMoo:
quote:
Originally posted by JimSC:
All otc stocks are scams - but
the MMs can convert a scam into
gold. Just make sure you play
on the MMs' side. See how they
play with BKMP this week.

thats a pretty ignorant statement
"all OTC stocks are scams"

I think he only makes a point to never trust stocks at these levels let alone the big boards.
 
Posted by dollar13 on :
 
RSHN
 
Posted by MoneyMoneyMoney on :
 
CPNL....Q
 
Posted by Junky on :
 
new scams yet to be fully played out: (And of course i could be wrong)

WWEN
CSHD

and it's been said already but it's in a league of it's own...PCLO Pacel Corp King of Reverse Splits Piece of Sh-t
 
Posted by beechwood on :
 
Scam, scam, go away!
Go scam someone else today.
I've got a lotta bills to pay.
Guess I'll hafta work again... ;(
 


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