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Author Topic: Top 10 scams - plus
Ric
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My top 10 active scams in my order:

1. CMKX - no other stock even comes close
2. GBMS - old AFRT won scammy of the year 2004
3. PRRM
4. MLON
5. UNQT
6. DFLR
7. QANT
8. PCCR
9. JKRI
10. ICAN

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Invest with your brain not with your heart.

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Ric
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Scams being dilution kings, pump and dumps, r/s - reverse split kings, and CEO liars (FALSE pr'S LIKE mlon)

My plus -

MSNC, RVNM, THPHF, AMVS, NNOS, SEIH

I know that I am missing some lost my full list and had to start over. But some are so obvious.

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Invest with your brain not with your heart.

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bbygyrl123
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Can we add GRYF to the list??

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-bbygyrl123

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USFBRIAN
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ok evertime we lose our azzez on a stock or make a bad trade lets add it to this list and call it a scam great idea!!!!
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T e x
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brian, lol, no, *you* can not...

I'm responding to Ric...re "known offenders"

if we posted every time someone lost, there'd nothing to trade...

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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Ric
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Shoot if I posted every stock I lost on in this list, I would still be typing the list, lol. These are just the kings in there field. GBMS (AFRT) did 5 r/s in 2 years. Do you realize you would have had to buy 250 trillion (yes trillion) shares in 1/1/2004 just to own one share today. these scams I posted are just an examples of the extremes.

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Invest with your brain not with your heart.

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jdog006
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Brian you would be well served to tone down your attitude. You seem to be disrespecting very well respected veterans on this board. You are biting the hands that could lead you to the light.

I want to add CALI to the list. This one could find away to make it into negative numbers.

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All of my posts are based on my opinion. My opinions are based on the info available to me at any given point in time. Do your own DD and see if you concur.

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T e x
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Ric, lol--did we mention mario or alex?

mlon

wtvn/wftv

apologize in advance for any redundancy...

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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Ric
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Oh I forgot that one. Thats one diffently back on my list.


You know, I get PM's all the time for advice on some of these. I will only really say absolutely no on few stocks. But if your going to play long which I ill advise in this market at least deversify big time. Try to pick OTCBB over pinks when all possible because you at least know something about them from the filings. But believe me if you want to know how people on this board feels about a stock just ask. Someone will tell you real quick, lol.

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Invest with your brain not with your heart.

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lilpennypincher
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Ric....Do you have Diana's post on her trading style....LOL
I really want to save that.
If you do....Please post it on that thread..
"So how do I make money then"? Please.

thanks and (((HUGS))) to you and yours.

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Lil,

Dont LOSE more than you can afford to invest....LOL

I'm buying low and selling into the run...

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cbrf2
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The very first stock i bought, turned around on me with a f/s and then it changed its name and did a r/s. anyone remember ZANN or ZANC, geez!

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"I sell ice in the winter, i sell fire in hell, I AM A HUSTLA, BABY, i sell water to a well!"

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Ric
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yeah I remember that one. It was on my old list too.

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Invest with your brain not with your heart.

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Dustoff 1
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CAFE, this was supposed to be a legit nasdaq, not.
And while I'm being upidy..
Don't forget BIDU..

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explorer186
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Ooooooo I get to add the king of crapperous: WHLI, previously known as WNHL. R/S every 6 months. After most recent R/S, had approx. 26 mil OS; now trades nearly 300 mil shares and barely moves.

BTW excellent thread Ric! Much needed.

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Lucas Brachish
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What about NNOS? I've heard it called a pump and dump on this baord before, and it defintely seems to be having corporate trouble, financial trouble, and MM stock manipulation -- and the price has bottomed out as of late -- but the technology seems sound from what research I've done, although it could all be smoke and mirrors (the company used to be legit, some years back, but now it's hard to tell). So is it a scam or just a company with problems? And NNGY was tagged as a naked/scam stock, but it's supposedly clear now -- down in price, so it might run again, as it also has some nice tech behind it .... or do think this is still a potential scam? Hmmmm...
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Ric
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Unfortunately some good companies have bad stocks. And yes I call it a scam because they are selling shares as if they were a product and then either lie about stopping dilution while there shares become massive like cmkx or prrm. Or they dump then do reverse splits then start over again like GBMS THPHF and NNOS.

The company hides the dilution until they can r/s again and NNOS is about do again. They haven't even filed financial since January and was kicked off the otcbb for it.

But Prrm has real assets and growing business but there stock is a scam at a massive 71 billion share dump. THPHF floods the market with shares yet if you looked at the business you would say wow. Yet they could care less about there shareholders and every price increase they dump faster then anyone can buy.

NNOS since there last r/s has started dumping again and to hide it they refuse to file. Thats got them kicked down to pinksheet and probably have the SEC on them soon. What MM manipulation? Did the MM's stop them from filing or updating there shareholders on the o/s. No. Even if it was just a company in trouble that has nothing to do with them being up to date on there filing unless they are hiding something.

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Invest with your brain not with your heart.

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HighSide
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my most disliked is RVMN check out there curent offer you can buy direct from them at .02 or if you like you can buy from your broker at .005, they dont give financial advice they told me LOL
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Dustoff 1
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If people understood what broker discounts really means, they'ed never go near a Pink...

But GREED always trumps common sense..

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explorer186
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CRGO can you say "dilution, dilution, dilution"
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NomarKash
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I don't think ICAN should be on this list (yet!). Ed the CEO has not been very true to his word but he has not posted false information, had any R/S (also yet) and the price hasn't fallen too far from where most people on this board have bought in.
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Pennies4sell
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I don't know if it's #10 but yes it belongs on the list. Come on now, this was the classic p&d to the letter. They announced this great PR were the company was going to split assets to a OTCBB and give Divy's. They used all the P&D site to promote the stock. Known pumpers started posting on the boards. Once it started running, Ed announced he was buying back shares. They do the classic forward divy. Then after the run was over, oops we decided not to split off to OTCBB which was the main reason most signed on. Then all of a sudden the O/S magically grew by a large amount. I just wonder how much they made off the investors from that dump? Then comes the I am sorry and it must be naked shorting. The ones that got caught holding start wishing and hoping but can't see that this was a classic pinksheet move.

Yes Virginia this is a scam pinksheet.

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Learn the hard way with pennies

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Chadsly
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Ric, when do we get an updated list?

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If you don't sweat the pennies, you're not making any money.

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Grynder
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CNES........
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Thorn
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I don't see UNQT fitting your description. Yes, it went down, but it was not dilluted. It in fact had around 2/3 of it's stock retired. Don't be putting naked shorted sale shares on the list; it's not very nice to compare CMKX with the likes of UNQT.

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Chadsly
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quote:
Originally posted by Grynder:
CNES........

Not a scam ... just a poorly run share structure.

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If you don't sweat the pennies, you're not making any money.

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g-invest
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PLNI needs to be added to this list. As well as QBID, RVMN, IWWIE (IWWI, or previous to that IWWD), and probably a few more.

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As a forum poster, it is ironic that you are held to a higher standard than a Pink Sheet CEO.

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iwearpro
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quote:
Originally posted by Chadsly:
quote:
Originally posted by Grynder:
CNES........

Not a scam ... just a poorly run share structure.
Agreed..not a scam..

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Thanks,
Brian

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Aleks
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quote:
Originally posted by Chadsly:
quote:
Originally posted by Grynder:
CNES........

Not a scam ... just a poorly run share structure.
Agreed.

CNES is not bad, they just need to get their act together.

Watch for CNES in the future...

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GO, PENNY GO!

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G_Ho
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quote:
Originally posted by Chadsly:
quote:
Originally posted by Grynder:
CNES........

Not a scam ... just a poorly run share structure.
ditto that.

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Do you know what "nemesis" means? A righteous infliction of retribution manifested by an appropriate agent. Personified in this case by an 'orrible 'unt... me. -Brick Top

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stnkng1
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cnes far from a scam watch them in the near future it will be one of the pennies that people talk about that make it in to the big leagues IMHO

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Derek S

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marcinek
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CMKX....I remember that POS...glad I didn't get sucked in.
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cbrf2
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hmm, anyone remember zann, zanc, or znnc, or whatever they go by now? IM sorry, maybe they have a product, but the way they do their splits drives people nuts!

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"I sell ice in the winter, i sell fire in hell, I AM A HUSTLA, BABY, i sell water to a well!"

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rangers684
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igtn

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AO

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bmaxingout
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biggest scam i ever got caught up in
ICAN edward hayter should be in prison

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HookEmHorns
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TFCT (the prizewise stock), which became TFCY has to be up there. This burned a lot of people, inlcuding myself. Just an example of investing with hope instead of the head.
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